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Is this right?!?

Imelda · 2017-03-23 06:53:02

Hello all My husband and I are looking to overhaul our finances. I earn approx £18k p.a and haven't been contributing to my pension since 2009. My husband is in the 45% tax bracket and has been maximising his allowance for years. His pot is around £500k and mine £60k. We are both late thirties. As my husband will now be…

Comments

Suffolk_lass Posts: 10,995 Forumite

23 March 2017 at 11:16AM

AnotherJoe wrote: »

I thought those transfer rules oniy applied to basic rate taxpayers ? But I could very well be wrong. No doubt an expert will be along shortly.

But i did google this

You can get Marriage Allowance if all the following apply:

you’re married or in a civil partnership
you don’t earn anything or your income is under £11,000
your partner’s income is between £11,001 and £43,000

They would seem to be ruled out on last two points. Or were you referring to something else ?

You are right - it applies to a basic rate tax-payer. Thanks.

Save £12k in 2026 #2 I have banked £2870.61 so far, against a £10k target The 2026 Save £12k in 2026 thread is here
OS Grocery Challenge in 2026 I am sticking with a £3000 annual budget for 2026 - currently £568.34 and most of my March purchasing made
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
My keep within our budget diary is here
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