Married couple - stay at home Dad & full time working mum

Skippydoo_22

Hi all 👋🏻

my first post so be gentle 😀

My husband and I have made recent changes to our set up at home…after welcoming our third child, we made the decision my husband will stay at home (after sharing 6 months each for parental leave), and I’ll continue to be working full time as I’m on the higher salary. It works well for us and the main driver for this decision is child care costs. 

So, my question/s are related to any benefits/tax reductions/personal tax allowances, NI contributions now my husband isn’t working… can any of you clever and helpful people help enlighten me if there are any things we’d be entitled too? 

I’ve tried to research it on HMRC site but just feel myself going round in loops, so any advice or points in the right direction or anyone in the same or similar circumstances which they’d be happy to share would be so appreciated. 

Many thanks! 

YBR

The first thing is Child benefit, and to ensure it's in his name so that he gets National Insurance credits while not contributing through salary.

I'm sure someone with wider knowledge can help with the rest

Dazed_and_C0nfused

Are you paying higher rate tax?

Skippydoo_22

Dazed_and_C0nfused said:

Are you paying higher rate tax?

Yes I am 👍🏻

Dazed_and_C0nfused

Skippydoo_22 said:

Dazed_and_C0nfused said:

Are you paying higher rate tax?

Yes I am 👍🏻

That counts Marriage Allowance out then.

If you have taxable interest you might want to look at that being in his name.  But remember it then becomes his money to spend as he wishes 😳

michaels

Skippydoo_22 said:

Dazed_and_C0nfused said:

Are you paying higher rate tax?

Yes I am 👍🏻

Depending how much above 50k, you might want to add to your pension to keep your taxable income below 60k to avoid losing child benefit.  You can also add 2880 to your DH sipp every year and the govt will gross it up to 3600.