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Marriage Allowance after Retirement

Practical Issues
NegevSouth
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Marriage Allowance after Retirement

#283050

Postby NegevSouth » February 7th, 2020, 6:44 pm

I'm currently employed and receiving the marriage allowance as my wife does not work.
In the new tax year commencing April, I'll be retiring and will draw on state pension plus a small private pension.
Will I have to give up the marriage allowance which means we will both revert to a personal tax allowance of £12,500 each? Thanks.

PinkDalek
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Re: Marriage Allowance after Retirement

#283057

Postby PinkDalek » February 7th, 2020, 7:13 pm

It would depend on whether or not you remain a basic rate taxpayer (and from what you say your income will be less than it is now, so I’d assume so):

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

I can’t see any reason why you shouldn’t still be entitled (assuming you have taxable income > than the personal allowance) but why not try the calculator:

https://www.tax.service.gov.uk/marriage-allowance-application/benefit-calculator

NomoneyNohoney
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Re: Marriage Allowance after Retirement

#283165

Postby NomoneyNohoney » February 8th, 2020, 5:56 pm

" Your partner’s annual income must be between £12,501 and £50,000. "

PinkDalek
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Re: Marriage Allowance after Retirement

#283168

Postby PinkDalek » February 8th, 2020, 6:06 pm

NomoneyNohoney wrote:" Your partner’s annual income must be between £12,501 ... "


Unsure what your point is but isn’t that the same as “(assuming you have taxable income > than the personal allowance)” ?

NomoneyNohoney
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Re: Marriage Allowance after Retirement

#283202

Postby NomoneyNohoney » February 9th, 2020, 12:10 am

I just mentioned the minimum salary in case it helped anyone.


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