I have read alot of posts on this issue and have a specific question that I havent been able to find the answer to. At the moment my husband are I are in 1st year of marriage and have notified tax office. We are both in higher tax bracket so there is no benefit to being jointly assessed as far as I can see.
My query relates to if my circumstances changed whereby I changed jobs and salaries. i.e.
1)Is there a defined maximum amount my husband could pay tax at the lower bracket (his gross is 45k)? i.e. regardless of how low my income would be, what is the max figure he can claim at 20%?
Thanks
My query relates to if my circumstances changed whereby I changed jobs and salaries. i.e.
1)Is there a defined maximum amount my husband could pay tax at the lower bracket (his gross is 45k)? i.e. regardless of how low my income would be, what is the max figure he can claim at 20%?
Thanks