Married Tax Allowance

[anonymous-user]

[redacted]

[r44flyer]

CheesecakeRunner said:

Unless you happen to be married, sole earner, and pay higher rate tax, even if it’s just by a couple of quid.

Then you’re allowed to fund the allowance but not claim it.

The child tax credit for a couple earning a salary of £50k each is still my favourite.

[Eric Mc]

r44flyer said:

The child tax credit for a couple earning a salary of £50k each is still my favourite.

Just been deemed illegal in the High Court. Watch this space.

[r44flyer]

Interesting... thanks.

I'll look forward to a cheque with my HICBC refund then...

[Eric Mc]

You never know. The Judge told HMRC that they couldn’t appeal the decision.

[Sheepshanks]

Was this about looking back at past years?

Nothing changes going forwards, does it (unless maybe you can keep your head down and hope they don't notice)?

[Eric Mc]

It will take a while for the ramifications to work out. It was featured on an episode of Radio 4's Money Box programme a few weeks ago.

https://www.theguardian.com/money/2021/jul/10/chil...

[Sheepshanks]

One of my daughters earns enough to be affected by the reduction and she's well aware of it.

No idea if she's done anything about it though - she's pretty hopeless at any admin outside of her job so I'd be surprised if she's doing SA unless HMRC have written and told her too.