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MSE News: Couples now able to register to shift tax allowance between spouses

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  • I'm going to say it pays for swimming lessons for my child :)
  • System
    System Posts: 178,351 Community Admin
    10,000 Posts Photogenic Name Dropper
    I have tried to verify my ID with Experian today and I have failed the check somehow. I will try again in a few days as its a pain.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • bigk
    bigk Posts: 35 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Still no invitation to apply for this even though we were told in the email that we would be one of the first to be able to apply. Why are they taking so long to get their act together? After all, they have known about this in principal since 2013.

    Anybody else on here got their "invitation" yet?
  • SplanK
    SplanK Posts: 1,155 Forumite
    Part of the Furniture
    Give them chance!! They will probably emailing people on a rolling basis, starting with those who registered first in batches. This way they can monitor the system for issues and deal with them in a controlled manner without having thousands of people on the phone irate because something is not working!
  • andrewmp
    andrewmp Posts: 1,792 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Elimum wrote: »
    Actually not, I am a foreign immigrant, me and my husband pay regularly taxes to the Gov, but unfortunately don't have a "UK" passport or a "UK" driving licence. Maybe they know something we don't and are getting ready to please the next PM, if everybody reasons as yourself. ;)

    I'm in the same situation. I guess my wife could apply for a driving licence, seems a bit daft though.
  • System
    System Posts: 178,351 Community Admin
    10,000 Posts Photogenic Name Dropper
    Finally managed to complete it today they will transfer £1060 from my allowance to my OH's
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • frodob
    frodob Posts: 35 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    CHRISSYG wrote: »
    Finally managed to complete it today they will transfer £1060 from my allowance to my OH's



    As the first to complete the exercise please do supply some background
  • Jonah01
    Jonah01 Posts: 268 Forumite
    Part of the Furniture 100 Posts
    Hi,

    Does anyone know what the amount is based on. I am a higher rate tax payer but make net payments to my pension thus reducing my 40% tax liability to a point where I don't pay any 40% tax. Is this taken into consideration for this tax relief?

    Thanks
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    Jonah01 wrote: »
    Hi,

    Does anyone know what the amount is based on. I am a higher rate tax payer but make net payments to my pension thus reducing my 40% tax liability to a point where I don't pay any 40% tax. Is this taken into consideration for this tax relief?

    Thanks

    If you pay tax at 40% you can't benefit from this.
    The only thing that is constant is change.
  • Jonah01
    Jonah01 Posts: 268 Forumite
    Part of the Furniture 100 Posts
    I'm not sure it is as straight forward as that

    During the year I pay 40% tax.

    But once I've done my self assessment my 40% tax is zero.

    It might become more obvious once we can all apply.
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