Marriage tax allowance, claim now or after 05/04/21?

lake888

If I am eligible to claim marriage tax allowance, does it matter if I claim this tax year or next tax year?  If I claim after 05/04/21 for 2020/21's allowance, will I get a cheque for £250 instead?

unholyangel

If you are claiming marriage allowance transfer, it would be your spouse who would be eligible for any refund. 

However, assuming you mean your spouse is claiming to transfer 10% to you....it's so late on that it doesn't matter when you claim, it will be dealt with under the year end calculation as there isn't time to issue a coding notice to your employer. 

Dazed_and_C0nfused

lake888 said:

If I am eligible to claim marriage tax allowance, does it matter if I claim this tax year or next tax year?  If I claim after 05/04/21 for 2020/21's allowance, will I get a cheque for £250 instead?

You cannot "claim" Marriage Allowance.

Whoever the recipient is it is too late now to get any refund via PAYE.

If a valid application is made now for 2020:21 the recipient should get a calculation from HMRC in the summer and be invited to pull the refund (c£248 if no other tax overpaid or owed) into their bank account via their Personal Tax Account.

A cheque would only be sent if they ignored the request to do a bank transfer.

lake888

Yes it's me who will apply to transfer 10% to my spouse.

Dazed_and_C0nfused

Then they will get a calculation later this summer.

You would only get one if your application results in you having some tax to pay (or you have overpaid for some other reason).

https://www.gov.uk/tax-overpayments-and-underpayments

Jeremy535897

If you are entitled to claim for earlier years as well, you lose the ability to claim for one year every time 5 April passes.

Trombone41

My spouse is a Freelance Company Director, one of the “Covid Forgotten”. Earnings less than £12,500 this year. 
Can the unused tax allowance be transferred to me? I pay 20% tax PAYE. I know that it is my spouse who has to make the claim.

[Deleted User]

Trombone41 said:

My spouse is a Freelance Company Director, one of the “Covid Forgotten”. Earnings less than £12,500 this year. 
Can the unused tax allowance be transferred to me? I pay 20% tax PAYE. I know that it is my spouse who has to make the claim.

In a word - Yes!

sheramber

Trombone41 said:

My spouse is a Freelance Company Director, one of the “Covid Forgotten”. Earnings less than £12,500 this year. 
Can the unused tax allowance be transferred to me? I pay 20% tax PAYE. I know that it is my spouse who has to make the claim.

Not the unused allowances but a fixed 10% of the personal allowances. 

[Deleted User]

sheramber said:

Trombone41 said:

My spouse is a Freelance Company Director, one of the “Covid Forgotten”. Earnings less than £12,500 this year. 
Can the unused tax allowance be transferred to me? I pay 20% tax PAYE. I know that it is my spouse who has to make the claim.

Not the unused allowances but a fixed 10% of the personal allowances. 

True! Details, Details.