In 2020-21, a husband has a pension of 11,290 and his wife has a pension of 20,000.
Question:
In 2020-21, a husband has a pension of £11,290 and his wife has a pension of £20,000. They have no other income and they are not Scottish taxpayers. Calculate the combined tax liability of the couple for the year if:
(a) no marriage allowance election is made
(b) the husband elects to transfer part of his personal allowance to his wife.
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a The husbands income is exceeded by his personal allowance of 12...View the full answer
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