Marriage Allowance

Hi HMRC Admin, My income tax is below 12,570 pounds, but my capital gain tax is over 25,000 pounds. My wife is a housewife, not income. Can she apply Marriage Allowance for me to deduct the capital gain tax? thank you

Hi,

Your wife can apply if she meets the criteria shown here:

Marriage Allowance

Thank you.

Hi HMRC Admin, Are capital gains counted as "income" when considering the eligibility for the marriage allowance? For example, husband earns £15,000 from employment. Wife does not have employment income. This year the husband has a capital gain of £50,000 from sale of a property. Is the husband now counted as a higher rate tax payer for the purposes of the marriage allowance? Or is it still ok to claim the marriage allowance in the year when the property is sold. Thank you,

Hi,

The capital gain is not counted for the adjusted net income, so in this case the Marriage Allowance transfer would still be due. You can see guidance here:

Personal Allowances: adjusted net income

Thank you.