Marriage Allowance and Starting Rate

Hi As I was a non tax payer, over the last few years I have transferred the married allowance to my wife. In the last tax year due to increased earned income, higher interest rates and frozen allowances for 2023/24 I have become a tax payer. When doing the self-assessment for 2023/24, I noticed that as well as my personal allowance being reduced by £1260, the starting rate for interest was also reduced. My wife did not have a corresponding increase in her starting allowance. This now means that between us we are paying £1260*20% more in tax than if we had no MA election in place. Is this how it should be? I have cancelled the MA going forward but can't cancel it for 2023/24 or 2024/25 (where the same problem will inevitably exist)

Hi 

If your other income goes over the personal allowance £12570 then the starter rate for savings is reduced up to £17570 when you would not be eligible Tax on savings interest

Thank you

Hi Is there any feedback on this?

Hi,
We cannot view your personal records on the forum. Please contact our team for advice on your query:
Income Tax: general enquiries
Thank you.

Hi After an appeal MA was cancelled by HMRC for 2023/24 and 2024/25. All now resolved.