Marriage Tax Allowance

carly

https://forums.moneysavingexpert.com/discussion/comment/81885925#Comment_81885925

I have only recently started receiving the SRP and the savings interest is recent too, after an inheritance.

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81885996#Comment_81885996

Fair enough, but, as above, you'll presumably be paying tax from this April rather than April next year?

However, as pointed out in another post, it'll generally still be worth transferring the marriage allowance until both are earning over £12,570 (excluding savings, etc).

Edit: to clarify, you'll have a tax liability for 2026/27, even though it won't actually be paid until after that.

carly

Does the starting rate for savings income not apply ? giving me a £5000 allowance

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81886009#Comment_81886009

It doesn't affect taxation of non-savings income.