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Posted Wed, 05 Jun 2024 03:22:59 GMT by ipc
We are non-residents wanting to continue claiming marriage allowance, my wife makes the transfer. Her income now exceeds the Personal Allowance (£12,427) due to bank interest income which is less than £1000. Can we continue with the marriage allowance transfer?
Posted Fri, 07 Jun 2024 10:38:38 GMT by HMRC Admin 25 Response
Hi ipc,
If she now needs this, then there is no financial benefit to the transfer:
Please see here:
Marriage Allowance
Thank you. 

 
Posted Mon, 10 Jun 2024 01:14:19 GMT by ipc
Thank for the reply, We are aware of the Marriage Allowance link you provided, however SA150 Tax Return Notes Page TRG 13 contains the following: Marriage Allowance If your earnings from 6 April 2023 to 5 April 2024 were less than £12,570 (plus up to £6,000 in savings interest), you could benefit as a couple if you transfer £1,260 of your personal allowance. Given the above we are confused by, ‘If she now needs this, then there is no financial benefit to the transfer:’ What am I not understanding?
Posted Tue, 02 Jul 2024 20:03:57 GMT by ipc
Still waiting for a response to my most recent post, in which I reference the Marriage Allowance section of the HMRC Self Assessment Tax Return notes (SA150). This document refers to the “plus up to £6,000 in savings interest”, this detail is absent from the data in the Marriage Allowance link referenced by HMRC Admin 25. Thank you
Posted Wed, 10 Jul 2024 10:56:02 GMT by HMRC Admin 25 Response
Hi ipc,
Sorry, but we are unable to provide we are unable to give financial advice.
However, your Personal Allowance  is £12570 and the Personal Savings Allowance is £1000.
If your are a Basic rate and the savings starting rate for the year is £5000. 
Marriage Allowance
Thank you. 
 

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