ForumsAsk the Tutor ACCA TX-UKBookmarkShareNotify meTRANSFER OF PERSONAL ALLOWANCEYYovin5y agoHi Sir, If a transferee spouse is a basic rate taxpayer and has only dividend income , when receiving marriage allowance from the transferor, its tax liability will be reduced by: (a)£1250x20%=£250 OR (b)£1250x7.5%=£93.75 Quote ReplyReply to this topic
YYovin5y agoHi Sir, If a transferee spouse is a basic rate taxpayer and has only dividend income , when receiving marriage allowance from the transferor, its tax liability will be reduced by: (a)£1250x20%=£250 OR (b)£1250x7.5%=£93.75 Quote Reply
