PensionsNov 15 2023

Women pensioners could face ‘marriage allowance mayhem’

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
Women pensioners could face ‘marriage allowance mayhem’
“Hundreds of thousands of women have signed over part of their tax free allowance in order to reduce their husband’s tax bill." (Pexels/Caio)

Women pensioners who have shared part of their income tax allowance with their husband could face unexpected tax bills as a result of the freezing of the income tax allowance, according to consultants LCP.

For unlimited access to FTAdviser content...

Register now for free

  • Read the latest news and views from the world of financial advice
  • Never miss a story - sign up to our email alerts
  • Bank CPD while you read
Have an account? Sign In