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Marriage Allowance from spouse
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dapache
Posts: 2 Newbie
in Cutting tax
I receive £1260 Marriage Allowance from my wife who used to pay no tax on her Superannuation. However in April 2021 she started paying tax which has increased each year since and I still receive the £1260. Should I stop claiming this or does it make no difference?
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How much does she receive per year ? If she is receiving less than £12570 then there is still some benefit as a couple in keeping the transfer as she may not be paying as much as the £252 tax you are saving.0
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If you do your wife has to do the cancellationdapache said:I receive £1260 Marriage Allowance from my wife who used to pay no tax on her Superannuation. However in April 2021 she started paying tax which has increased each year since and I still receive the £1260. Should I stop claiming this or does it make no difference?
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Hi, our info on the marriage allowance may help you both work out if it is still beneficial to claim: https://www.litrg.org.uk/news/marriage-allowance-and-importance-timing“Official Company Representative
I am an official representative of LITRG (Low Incomes Tax Reform Group) part of the Chartered Institute of Taxation who are an educational charity. We are not part of MSE or HMRC. MSE has given permission for me to post on the Forum but this does NOT imply any form of approval of my organisation or its products by MSE. We can’t give individual advice, but if you require further help, we recommend that you contact a tax adviser, HMRC or one of the tax charities where relevant. You can find more information about where to get help with tax here. If you believe I am posting inappropriately please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0 -
Thanks for your reply. My wife continues to receive the £12570 personal allowance so I'm confused as to whether there is is any benefit in this any more.molerat said:How much does she receive per year ? If she is receiving less than £12570 then there is still some benefit as a couple in keeping the transfer as she may not be paying as much as the £252 tax you are saving.0 -
If she is getting a Personal Allowance of £12,570 then Marriage Allowance is no longer in place.dapache said:
Thanks for your reply. My wife continues to receive the £12570 personal allowance so I'm confused as to whether there is is any benefit in this any more.molerat said:How much does she receive per year ? If she is receiving less than £12570 then there is still some benefit as a couple in keeping the transfer as she may not be paying as much as the £252 tax you are saving.
One slight complication with that is I think HMRC show the full Personal Allowance in a tax code then there is a deduction of £1,260 so her tax code allowances (as far as Personal Allowance is concerned) is just £11,310.0
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