We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Cancelling Marriage Allowance
Coinless
Posts: 4 Newbie
in Cutting tax
Hi,
Person 1 has M tax code and Person 2 has N tax code. Person 2 applied for the Marriage Allowance.
Person 1 and 2 ended up separating.
Person 2 has cancelled the Marriage Allowance after 2 years of separation and is now asking Person 1 to pay them back the money that they saved over the 2 year period before they cancelled the Marriage Allowance.
Does person 1 have to pay any monies and who should they pay to? Person 2 or HMRC?
Person 1 has M tax code and Person 2 has N tax code. Person 2 applied for the Marriage Allowance.
Person 1 and 2 ended up separating.
Person 2 has cancelled the Marriage Allowance after 2 years of separation and is now asking Person 1 to pay them back the money that they saved over the 2 year period before they cancelled the Marriage Allowance.
Does person 1 have to pay any monies and who should they pay to? Person 2 or HMRC?
0
Comments
-
First of all when was the cancellation effective from?
As I understand it Marriage Allowance applies for a full year or not at all i.e. you either get it or you don't, no half measures.
Once that is known things will become clearer.0 -
Dazed_and_C0nfused said:First of all when was the cancellation effective from?
As I understand it Marriage Allowance applies for a full year or not at all i.e. you either get it or you don't, no half measures.
Once that is known things will become clearer.
The cancellation was Oct 2021.0 -
-
In that case the only tax to be paid back will be for the period 6 April to now and HMRC usually collect that via extra PAYE tax deductions between now and April 2022.Coinless said:Dazed_and_C0nfused said:First of all when was the cancellation effective from?
As I understand it Marriage Allowance applies for a full year or not at all i.e. you either get it or you don't, no half measures.
Once that is known things will become clearer.
The cancellation was Oct 2021.
There won't be anything to pay back to HMRC for any earlier period.
Anything else is a matter between the two people.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards