Tax on savings

Hello, my husband and I are both retired. I receive a pension of 10200 a year and my husband will start receiving a pension of £20 000, a year, in May. 1. I believe I can transfer £1,260 of my personal allowance to my husband. This would give him a personal allowance of £13 830 (12570 + 1260) and leave me with a personal allowance of £11 310 (12570-1260). Is this correct? 2. I am trying to understand how much interest we can receive on savings, tax free. If I have a pension of £10 200 and a personal allowance of £11 310, can I receive interest on savings (tax free) of £1100 (11310 – 10200) plus an additional £5000? (I will not have anything like this amount of interest but just want to understand. 3. If my husband has a pension of £20 000 and personal allowance of £13 830 can he still receive £1000 of savings interest tax free?

Hi

1. Yes that is correct your allowances will be reduced to take into account the marriage allowance transfer.
2. Yes that would be correct you would have the remainer of your allowances plus the £5000 starter rate for savings.
3. Yes your husband will still be eligible for the £1000 personal savings allowance. 

Thank you