We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Self Assessment - Married Allowance Transfer
tigerspill
Posts: 886 Forumite
I suspect this is totally the wrong forum on which to post this question, but not sure where is better - and I know there is huge knowledge on here so here goes.
I have just entered mu 2024/2025 details into the HMRC Self Assessment site and looked at the calculation and can't see where the 10% of my wife's income tax allowance is taken into account.
She transferred this a few years ago and I have had the benefit of this previously. I just can't see where it is taken into account on my calculation at the end of my SA.
I was expecting to see an entry on the calculation somewhere for around £252 - the tax relief on the 10% of £12,570 transferred.
Or is it taken into account by HMRC later when working out the final result?
Thanks
I have just entered mu 2024/2025 details into the HMRC Self Assessment site and looked at the calculation and can't see where the 10% of my wife's income tax allowance is taken into account.
She transferred this a few years ago and I have had the benefit of this previously. I just can't see where it is taken into account on my calculation at the end of my SA.
I was expecting to see an entry on the calculation somewhere for around £252 - the tax relief on the 10% of £12,570 transferred.
Or is it taken into account by HMRC later when working out the final result?
Thanks
0
Comments
-
You won't see it until several days after you have submitted your return.1
-
Thank you. You have put my mind at rest.Dazed_and_C0nfused said:You won't see it until several days after you have submitted your return.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.8K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.8K Work, Benefits & Business
- 601.9K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards