Money Lesson Couple

The allowance one of you is not using

One of you earns too little to use your whole tax-free allowance. The other pays basic rate tax on money that allowance could have covered. Moving the unused slice across is one form, and about a million eligible couples have never filled it in.

Employment ISA Expenses

Claim the allowance

1 Goal

Move the unused slice of the lower earner's tax-free allowance across, every year the couple qualify.

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Employment ISA Expenses

Leave it unclaimed

1 Goal

Never fill the form in, and let the unused allowance expire each April, as most eligible couples do.

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Claim the allowance Leave it unclaimed

Claiming the allowance one of them was not using leaves this couple ~£3.7k better off by the end.