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Personal Tax: How to Transfer Marriage Allowance

Article ID
personal-tax-how-to-transfer-marriage-allowance
Article Name
Personal Tax: How to Transfer Marriage Allowance
Created Date
6th August 2021
Product
Problem
IRIS Personal Tax: How to Transfer Marriage Allowance between partners. You can only claim this if the Transferor and the Receiver are within the income threshold set by HMRC:
Resolution
  1. Load the client who is transferring the allowance from (i.e partner giving away their allowance). If it’s a non client then go to step 6.
  2. Reliefs, Allowances, Married Couple, complete the ‘Marriages’ field.
  1. It must be set ‘To Partner’
  2. It must be set to ‘Transferor’ (if you cannot select -switch to Manual Value)
  3. OK to save. On this clients Tax return page TR5, the bottom field will be completed.  

DO NOT TOUCH the ‘Married Couple’s Allowance’. This only applies to people born before April 1935. If you complete this accidently then it give a wrong calculation on the receiver of the allowance.

  1. Load the client who is receiving the allowance
  2. Reliefs, Allowances, Married Couple, complete the ‘Marriages’ field. IF it’s a non client partner then create a non client.
  1. It must be set ‘From Partner’
  2. It must be set to ‘Recipient’ (if you cannot select -switch to Manual Value). BUT this option is ‘greyed’ out– see step 11.
  3. OK to save. NOTE: Tax return page TR5, the bottom field will not be completed as its only designed to show for the partner giving the allowance away.eg step 5.

DO NOT TOUCH the ‘Married Couple’s Allowance’. This only applies to people born before April 1935. If you complete this accidently then it give a wrong calculation on the receiver of the allowance.

This allowance cannot be restricted in any way – HMRC rules state you can claim all 100% or none at all.

11. If the Status option is greyed out: then follow these steps: Setup, HMRC data retrieval options, switch on all 5 boxes and OK, now back to marriage screen and you now can edit the status.

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