D
djmac
Guest
Hello,
This is my first post so hoping somebody can enlighten me as both myself and my husband are not sure how we shoud be assessed.
Background - we will be married 2 years this July and had our first child at the end of last year.
When we got married I asked my financial controller in work about changing our status for tax assessment and he said to contact local tax office and they would do it. When I contacted them she asked if we wanted to be joint assessed or separate, since we both earned around the same amount I said separate so as far as i can figure out, this means we are both technically assessed as if we were still single? (can someone explain why people always go on about how married people get a better tax break then??)
I have taken 2 pay cuts over the last 2 years so now earn a good bit less than my husband and I am on maternity leave at the moment so was using the taxcalc website to figure out what my take home will be when I return to work. When I put in married it gave me a higher figure than single but the figure for single is what I earn so again, I thought I got some sort of better tax free allowance for being married?
And last question, now that I am earning less, should I contact the tax office again and change to joint assessment so that my husband gets more of my tax credits or how does that all work out?
Thanks for reading and hopefully someone can point me in the right direction.
This is my first post so hoping somebody can enlighten me as both myself and my husband are not sure how we shoud be assessed.
Background - we will be married 2 years this July and had our first child at the end of last year.
When we got married I asked my financial controller in work about changing our status for tax assessment and he said to contact local tax office and they would do it. When I contacted them she asked if we wanted to be joint assessed or separate, since we both earned around the same amount I said separate so as far as i can figure out, this means we are both technically assessed as if we were still single? (can someone explain why people always go on about how married people get a better tax break then??)
I have taken 2 pay cuts over the last 2 years so now earn a good bit less than my husband and I am on maternity leave at the moment so was using the taxcalc website to figure out what my take home will be when I return to work. When I put in married it gave me a higher figure than single but the figure for single is what I earn so again, I thought I got some sort of better tax free allowance for being married?
And last question, now that I am earning less, should I contact the tax office again and change to joint assessment so that my husband gets more of my tax credits or how does that all work out?
Thanks for reading and hopefully someone can point me in the right direction.