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Marriage Allowance after Retirement

Posted: February 7th, 2020, 6:44 pm
by NegevSouth
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.

Re: Marriage Allowance after Retirement

Posted: February 7th, 2020, 7:13 pm
by PinkDalek
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

Re: Marriage Allowance after Retirement

Posted: February 8th, 2020, 5:56 pm
by NomoneyNohoney
" Your partner’s annual income must be between £12,501 and £50,000. "

Re: Marriage Allowance after Retirement

Posted: February 8th, 2020, 6:06 pm
by PinkDalek
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)” ?

Re: Marriage Allowance after Retirement

Posted: February 9th, 2020, 12:10 am
by NomoneyNohoney
I just mentioned the minimum salary in case it helped anyone.