Do my plans make sense

Dazed_and_confused

No, eligibility for Marriage Allowance is determined what tax rate(s) you are liable at so if you aren't liable for higher rate tax* then you are eligible.

Plenty of people earning more than £50k don't pay higher rate tax.

Your wife is eligible if she isn't liable to higher rate tax.

Whether you would benefit as a couple would depend on her exact taxable income details.

*if you have dividend income taxed at the 0% dividend nil rate (aka dividend allowance) that can also make you ineligible for Marriage Allowance.

adviceisgood

Hi Dazed and confused,
Thank you so much for taking the time to reply to my posts you have helped tremendously ,I will look into the marriage allowance now.Thanks

Dazed_and_confused

Just don't forget it is your wife would be applying, you can't "claim" it.

And if your wife had savings interest or dividend income and makes herself liable to tax by applying for Marriage Allowance then the savings interest or dividend income might be taxed at the savings starter rate or dividend nil rate, which are both 0% in the current tax year.

AlanP_2

Dazed_and_confused wrote: »

It's not that simple if it's a DB scheme

https://www.pensionsadvisoryservice.org.uk/about-pensions/saving-into-a-pension/pensions-and-tax/the-annual-allowance

But the AA allowance isn't the limiting factor in this case, salary is.

The OPs wife can contribute 80% of (LG Salary - LGPS contributions).

For contributions limited by salary level it is the £s contributed by the employee that matter.

For contributions limited by AA it is the growth in benefits inside the DB scheme that matters.