We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Marriage Allowance and Tax Return

I'm so sorry I've looked hard for the appropriate section so apologies if this is not.

I am employed and self employed. I have completed my tax return today (for the very first time) even although it wouldn't take into account that my spouse has transferred his allowance to me. My tax return calculated that I owed £212.00 more than I do.

My spouse does not need to complete a tax return , he is unemployed.

I have submitted the tax return and it says it would take 1-2 days to process.

What will happen with regards to the £212? Will I have to pay it and wait for a rebate?
Do I get a statement when its processed showing me what to pay? Will it know about the £212?

Please forgive me for being so unknowledgeable, it's my first time, I've been really stressing about this and my self employment is only a handful of hours a week!

Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Does your hubby not claim any benefit. JSA. . if so JSA is a taxable incime
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • hello :)

    No he does claim Carers Allowance
  • I can't see anything regarding completing the self assessment tax return and what happens? :( am i being dim?:(
  • booksurr
    booksurr Posts: 3,700 Forumite
    edited 26 January 2017 at 5:27PM
    ATOMICPINK wrote: »
    I can't see anything regarding completing the self assessment tax return and what happens? :( am i being dim?:(
    no, me dim, I gave you the poorer link (now deleted that post to avoid further confusion) too many threads called marriage allowance

    here is the guide:
    http://www.moneysavingexpert.com/family/marriage-tax-allowance

    and this is what it says:

    In most cases, the allowance will be given by adjusting the recipient partner's personal tax code. The partner who transferred their personal allowance will also receive a new tax code, if employed. If the recipient partner is in self-assessment, it will reduce their self-assessment bill.

    How will I be paid the backdated money? Whether you apply online or by phone, any money for previous tax years will be sent to you as a cheque. You won't have to tick any boxes or make a special request for this as it'll happen automatically


    here is the better discussion of it
    https://forums.moneysavingexpert.com/discussion/5253467
  • sheramber
    sheramber Posts: 24,412 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Credit for the marriage allowance will be shown on your statement s a credit taken off the amount due. It should show up afetr a couple of days.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.