Cancelling marriage tax allowance

Dazed_and_confused

Why is it a bummer?

If you are earning enough to pay tax (after taking into account Marriage Allowance) then it will save you £250 in the current tax year.

And your wife will have to pay £250 more.

No worse off overall than if you changed things back to normal.

richmall27

Hi wondering I have just cancelled my marriage allowance but I have been told that I have to pay back 2015/2016 taxes.
How can this be right 

unholyangel

richmall27 said:

Hi wondering I have just cancelled my marriage allowance but I have been told that I have to pay back 2015/2016 taxes.
How can this be right 

You'd be better starting your own thread, and providing more information. Are you the person receiving or giving the 10%? When you cancelled, did you cancel for all years or just from a specific year? 

gunio

Hi  how I can cancelled my marriage allowance from third party?They charge me 35% fee plus VAT and another £100 fee. Could you help 

unholyangel

gunio said:

Hi  how I can cancelled my marriage allowance from third party?They charge me 35% fee plus VAT and another £100 fee. Could you help 

They've charged you a fee for making the application on your behalf - they're not providing the allowance. 

If you've signed a deed of assignment then the only way to have it cancelled is if the company agrees to it. The good news however is that you can only assign what you yourself have - so can only assign previous years and not the current or future years.