Tax question (marriage allowance)

Uwefuchs

Uwefuchs

Well-known member
I've just received my final payslip of the financial year and due to some unexpected bonuses I've gone over the 50k threshold for the last 12 months.

I currently claim marriage allowance which is only allowed for individuals who earn under 50k a year, what I'm wondering is whether I'll get a tax bill to repay some of the allowance that I've claimed?

I can't get through to the tax office 😩
 
Yes you will lose the whole marriage allowance and have to repay the tax benefit derived from claiming it for this year.
 
£900 x 40% = £360

They might collect it through your tax code next year if you ask them.

I'm not completely sure if she can transfer all but £900 of the £1250 married allowance or whether the rules say she can't transfer any if your income is over £50k. So it could be £1250 x 40% = £500.
 
Lefty said:
£900 x 40% = £360

They might collect it through your tax code next year if you ask them.

I'm not completely sure if she can transfer all but £900 of the £1250 married allowance or whether the rules say she can't transfer any if your income is over £50k. So it could be £1250 x 40% = £500.
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Cheers, I'm a bit of a novice when it comes to tax. I'm guessing the tax office will be in touch with what to do next?
 
I thought you could only use 20% of your spouses tax allowance if they are a none tax payer or dont reach the threshold?
 
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