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Income <12K, Interest >12K
Comments
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Polymaff
Not so. There are situations where both tax-payers qualify for MAT and pay tax at basic rate where there will be a benefit from MAT. Think dividends.
Good point, duly noted.
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Dazed_and_confused wrote: »I assume you mean she currently pays no PAYE tax but if she has applied for marriage allowance she looses 10% of her personal allowance which depending on her actual income might mean she needs to pay tax.
This would happen retrospectively for any years she applied for if it made her liable to tax at the basic rate.
So she could get a bill whilst you get a refund.
understood, should be OKOver £2K made from bank switches and P2P incentives since 2016 :beer:0
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