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Marriage Allowance from spouse
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?
Comments
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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.
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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
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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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