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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think it can be more tax-efficient for savings to be in a lower-earning spouse’s name?

27 replies

WaryKhakiMentor · 13/06/2026 17:47

For couples where one person pays a higher rate of tax and the other earns less, it seems like it could be more tax-efficient for savings to be held in the lower earner’s name. Given allowances and tax bands, I’m wondering whether this is something people commonly do in practice.

AIBU to think this is the more sensible approach?

OP posts:
Glittertwins · 13/06/2026 21:58

We’ve done this for years. At the beginning, he was the lower earner, now I am.

bellventrico · 13/06/2026 19:28

Yea provided the relationship is stable. I've used DH's cash ISA for last year and stocks and shares ISA allowance this year as well as my own to reduce the tax on my capital. We'll also look into non ISA savings.