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Marriage allowance and non earned income / UFPLS withdrawals.

pensionpawn · 2023-01-20 13:03:31

So everything I've read so far is in the context of person A has an income / draw down below the PA and transfers the MA to person B who is employed and earns above the PA (and below 40% threshold). No problem with that. What about: 1. Person B is also retired. Do the rules (if they're not restricted to just earned /…

20 January at 2:03PM in Pensions, annuities & retirement planning

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21 January at 4:00PM

Dazed_and_C0nfused Forumite
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21 January at 4:00PM

To be eligible for MA both parties must not be deemed higher rate payers.

So a couple both with taxable income of £40k are eligible.

Being employed (or not) is irrelevant.

2