Marriage Allowance

PoundsShillingsAndPence

Thanks its a great help.

pennywatch

Thanks for all the help.

One more question.

In our case when do you think we should make the application for this allowance? Do you think the timing will matter?

e.g In March my husband makes a direct payment into his pension which puts him into the 20% tax band e.g. £1000 (lets say £700 is in the 40% tax bracket and £300 is in the 20% tax bracket)

It is then going to take a while for:
a. the pension scheme to claim the 20% tax on the £1000
b. us to claim back tax on the £700

If for example we applied for the marriage allowance in March – might it be refused because HMRC do not yet know about this pension contribution ?

Thanks

Dazed_and_confused

That's a good point.

It may be simplest for your husband to tell HMRC about the pension contribution and once that has been done for you to then apply for Marriage Allowance.

Also as I understand it if you apply after the tax year has ended it is only applicable for the year you apply for so if you want to apply for 2018:19 as well you will have to make a second claim for, what will then be, the current tax year.