📨 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!

New to paying tax in retirement

Options
McKneff
McKneff Posts: 38,857 Forumite
Part of the Furniture 10,000 Posts Name Dropper
edited 12 September 2024 at 3:42PM in Cutting tax
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 
make the most of it, we are only here for the weekend.
and we will never, ever return.

Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.