Question:
I will be retiring in a few months’ time and my wife who is eight years my junior is intending to stop work as well. Can we claim her tax allowance to off-set against my tax liability on my pension?
Arthur Weller replies:
If you look at www.gov.uk/government/publications/issue-briefing-marriage-allowance/issue-briefing-marriage-allowance you can see the rules for ‘marriage allowance’. In principle your wife can transfer part of her personal allowance to you.
