Claiming the wifes personall allowance

Darksparkle

teddysmum wrote: »

The OP says his wife is approaching pension age, so I assume this will be in the next tax year, so an allowance of £11500 does apply.
?

OP said £11,500 this year.

JSGlynn01

Wife has applied for married allowance to be transferred to me going back to 2015/16.

Wife has had 2 letters demanding £157 by the end of March which we assume is to do with the claim although the first letter only says they have conducted a review and she has paid too little tax. I have received no correspondence so can only assume they will be paying me sometime the £212, if so we will have gained but it hasn't done my wifes blood pressure any good being in the dark.

teddysmum

Darksparkle wrote: »

OP said £11,500 this year.

I assume they meant calendar year and not tax year . eg If someone is 65 in May, they would say they are 65 this year.


This would account for the confusion about not being able to transfer ie she doesn't have the pension yet but will be old enough later this calendar year and has applied early.

Dazed_and_confused

No wonder people get confused with this, if only we got clear unambiguous info it would be so much easier to help!

Why would you refer to a calendar year for income tax related things??

nannytone_2

Dazed_and_confused wrote: »

No wonder people get confused with this, if only we got clear unambiguous info it would be so much easier to help!

Why would you refer to a calendar year for income tax related things??

for contributions based benefit, they use NI from the previous 2 complete tax years.
these years change in the first week of January. in december 16 they were using years 13/14 and 14/15.
in january 17 they used tax years 14/16 and 15/16
if the system changes the rules on when a year starts and ends then it is hardly surprising that people aren't always sure

Dazed_and_confused

Interesting but not sure what relevance it has to a purely income tax related issue?