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Are husband and Wife separate for tax purposes
gallag
Posts: 1 Newbie
in Cutting tax
If I earn £40k and my wife starts a new job earning £10k, do either of us pay more tax?
0
Comments
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The standard Personal Allowance is £10,600, which is the amount of income you don’t have to pay tax on.0
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Could be worth looking into transferring some tax allowance to reduce your tax.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/293790/TIIN_2518_transferable_tax_allowance_for_married_couples_and_civil_partners.pdf0
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