When to cancel transfer of married allowance?

tigerspill

Can I ask a follow up question.

After some investigation (following an HMRC mess last year), it turns out that the MA transfer that was in place was some how stopped.  I noticed this when looking at both our tax codes on the government gateway.

So we have reapplied for the MA transfer - which has been successful as tax codes have changes and my latest pension payslip uses the increased tax code.

So having done this in that last week, can I now cancel it straight away and it will remain until the end of the FY and change for 2026/2027?  My only concern is that we have turned this on and off very quickly and just want to be sure it will stick for 2025/2026.

Alanmoodyblue

I am currently receiving a company and state pension. I pay tax at 20%. My wife has a small company pension that is no where next the tax limit so I was able to claim the married tax (Tansfer of allowance 10%). She has just turned 66 and is now receiving her state pension. The two pensions now take her over the tax threshold and she is now paying tax.

 Therefore should I no longer be claiming the married pension allowance? 

Is the fact that I'm receiving the 10% and my wife is not means that together we are no better or worse off?

Should I notify HMRC?

molerat

https://forums.moneysavingexpert.com/discussion/comment/81899271#Comment_81899271

You don't do anything, she is the one who would need to contact HMRC / cancel marriage allowance in her on line tax account in the same way as she gave you her 10%. If she does it now then it will be cancelled from the 26/27 tax year, after April 6th it will be cancelled for 27/28. There is no "need" to do anything though, you are still eligible to the transfer as you are not a higher rate tax payer, it is just you pay £252 less tax and she pays £252 more.