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New to paying tax in retirement
McKneff
Posts: 38,857 Forumite
Hubby is 80 and has never paid tax in retirement till now.
He has an old age pension and 2 small pensions which this year take him into the20%
Tax bracket.
He paid approximately £80 .
I am nowhere near paying tax.
My question is can I give some of my allowance ro him so he doesn't pay tax
He has an old age pension and 2 small pensions which this year take him into the20%
Tax bracket.
He paid approximately £80 .
I am nowhere near paying tax.
My question is can I give some of my allowance ro him so he doesn't pay tax
make the most of it, we are only here for the weekend.
and we will never, ever return.
and we will never, ever return.
0
Comments
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If he's a toy boy then Married Couple's Allowance could be available instead 😀McKneff said:Hubby is 80 and has never paid tax in retirement till now.
He has an old age pension and 2 small pensions which this year take him into the20%
Tax bracket.
He paid approximately £80 .
I am nowhere near paying tax.
My question is can I give some of my allowance ro him so he doesn't pay tax
https://www.gov.uk/married-couples-allowance1 -
Haha, toy boy indeed..
In my dreams lol....make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Thanks eskbanker...
Seems pretty easy xxmake the most of it, we are only here for the weekend.
and we will never, ever return.0 -
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