Transfer Of Tax Allowance To Spouse / Partner

[Bazile]

You can transfer £ 1250 of your personal allowance ( if you earn income below your Personal Allowance - this is usually £12,500. )

How do you actually go about doing it , and what documentation do you need ?

[SparklyKid]

https://www.gov.uk/apply-marriage-allowance

[SparklyKid]

I believe you get it backdated. We did it when the scheme started.

[SparklyKid]

You can backdate your claim to include any tax year since 5 April 2015 that you were eligible for Marriage Allowance. If your partner has since died you can still claim - phone the Income Tax helpline.

[Bobbisox1]

I did this Baz with amazingly quick results

[Bazile]

Thanks

[Bobbisox1]

Spar, I just filled the form in online

[SparklyKid]

Easy peasy Bobbs,lol.

[CrapAtCryptics]

i just did a letter with the appropriate details to HMRC

[Bobbisox1]

I used the link and did it from there , OH has a sizeable pension and paid a lot of tax, now he pays £200 less on tax each month than he did

[bednobs]

that's odd bobbi - £200 les per month sound enormous - the link says you can save £250 per year

[Nical]

Bobbisox, I too don't understand. If the transferred allowance itself is only £1250, how can using it result in an extra £2400 a year?

[fiction-factory]

Yes, the maximum is £250 since the maximum allowance you can transfer is £1250

[Bobbisox1]

I can assure you that’s how much he saves but without going into our financial situation on here, you’ll just have to either believe me or not

[fiction-factory]

https://www.moneysavingexpert.com/family/marriage-tax-allowance/

You can claim up to 5 years though so this would mean a bigger refund initially

[Nical]

That's fine, Bobbisox - at least we know it isn't solely because of the transfer mentioned above. That wasn't clear from your replies to the question - and maybe gave people false hope of large sums!

[fiction-factory]

There is a married couple's allowance for those born before 1935 which can give bigger savings. Does that apply Bobbisox?
If you have reduced his tax bill by £200 a month that must be for some other reason though- a reason I can't immediately think of- but it isn't this transfer of personal allowance for married couples that Bazille is referring to

[Bobbisox1]

I apologise for any misleads given Nical

[Bobbisox1]

Just asked him, Maybe I’ve got my sums wrong haha, £200 per month would put up there with the high earners, sorry bout the confusion ( I just spend more ) :0)

[Nical]

Thanks, Bobbisox, your answers made the process sound so simple, so straightforward - and so lucrative!

[Bobbisox1]

Haha, me being a Rich biatchi lol