How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask TonyTax Your Own Question
TonyTax
TonyTax, Tax Consultant
Category: Tax
Satisfied Customers: 15956
Experience:  Inc Tax, CGT, Corp Tax, IHT, VAT.
13905389
Type Your Tax Question Here...
TonyTax is online now

I am 78 years old. I have an income of £28000 approx.on which

This answer was rated:

I am 78 years old. I have an income of £28000 approx.on which I am taxed (my code for 15/16 is 238L).My wife receives a State Pension of £3068 approx.which is tax free. My question is can she transferany of her tax free allowance to me and if so what proportion is allowed?
Hi.

Can you tell me what your own and your wife's dates of birth were please.
Customer: replied 2 years ago.
My date of birth is 11/07/1936
My wife's date of birth is 15/01/1942
Thanks.

Leave this with me while I draft my answer.
Hi again.

As you were both born after 5 April 1935, you are not entitled to the married couple's allowance unfortunately. However, you are entitled to the marriage allowance which has come into being in the 2015/16 tax year.

Take a look here for the qualifying criteria and register your interest by following the steps indicated in green. Your wife will be able to transfer £1,060 (10%) of her personal allowance to you which will save you £212 in tax.

I hope this helps but let me know if you have any further questions.
TonyTax and other Tax Specialists are ready to help you