Income Tax Allowances
A personal allowance gives an individual an annual amount of income free from income tax.
Income above the personal allowances is subject to income tax.
The personal allowance will be reduced if an individual’s ‘adjusted net income‘ is above £100,000. The allowance is reduced by £1 for every £2 of income above £100,000.
An individual born before 6 April 1935 may be entitled to a married couple’s allowance but this is reduced if ‘adjusted net income‘ is above the married couple’s allowance income limit (see table below).
Marriage allowance – 10% of the personal allowance may be transferable between certain spouses where neither pays tax above the basic rate. The Marriage allowance is not available to couples entitled to the Married Couple’s allowance.
| Income tax personal allowances | £ |
| Personal Allowance | 12,570 |
| Marriage Allowance | 1,260 |
| Blind person’s allowance | 3,070 |
| Married couple’s allowance
Either partner born before 6 April 1935 |
|
| – Maximum reduction in tax bill | 1108 |
| – Minimum reduction in tax bill | 428 |
| Married couple’s allowance income limit
Reduce married couple’s allowance by £1 for every £2 of ‘adjusted net income’ above this limit |
37,000 |
A personal allowance gives an individual an annual amount of income free from income tax.
Income above the personal allowances is subject to income tax.
The personal allowance will be reduced if an individual’s ‘adjusted net income‘ is above £100,000. The allowance is reduced by £1 for every £2 of income above £100,000.
An individual born before 6 April 1935 may be entitled to a married couple’s allowance but this is reduced if ‘adjusted net income‘ is above the married couple’s allowance income limit (see table below).
Marriage allowance – 10% of the personal allowance may be transferable between certain spouses where neither pays tax above the basic rate. The Marriage allowance is not available to couples entitled to the Married Couple’s allowance.
| Income tax personal allowances | £ |
| Personal Allowance | 12,570 |
| Marriage Allowance | 1,260 |
| Blind person’s allowance | 2,870 |
| Married couple’s allowance
Either partner born before 6 April 1935 |
|
| – Maximum reduction in tax bill | 1037.50 |
| – Minimum reduction in tax bill | 401 |
| Married couple’s allowance income limit
Reduce married couple’s allowance by £1 for every £2 of ‘adjusted net income’ above this limit |
34,600 |
A personal allowance gives an individual an annual amount of income free from income tax.
Income above the personal allowances is subject to income tax.
The personal allowance will be reduced if an individual’s ‘adjusted net income‘ is above £100,000. The allowance is reduced by £1 for every £2 of income above £100,000.
An individual born before 6 April 1935 may be entitled to a married couple’s allowance but this is reduced if ‘adjusted net income‘ is above the married couple’s allowance income limit (see table below).
Marriage allowance – 10% of the personal allowance may be transferable between certain spouses where neither pays tax above the basic rate. The Marriage allowance is not available to couples entitled to the Married Couple’s allowance.
| Income tax personal allowances | £ |
| Personal Allowance | 12,570 |
| Marriage Allowance | 1,260 |
| Blind person’s allowance | 2,600 |
| Married couple’s allowance
Either partner born before 6 April 1935 |
|
| – Maximum reduction in tax bill | 941.50 |
| – Minimum reduction in tax bill | 364.00 |
| Married couple’s allowance income limit
Reduce married couple’s allowance by £1 for every £2 of ‘adjusted net income’ above this limit |
31,400 |
A personal allowance gives an individual an annual amount of income free from income tax.
Income above the personal allowances is subject to income tax.
The personal allowance will be reduced if an individual’s ‘adjusted net income‘ is above £100,000. The allowance is reduced by £1 for every £2 of income above £100,000.
An individual born before 6 April 1935 may be entitled to a married couple’s allowance but this is reduced if ‘adjusted net income‘ is above the married couple’s allowance income limit (see table below).
Marriage allowance – 10% of the personal allowance may be transferable between certain spouses where neither pays tax above the basic rate. The Marriage allowance is not available to couples entitled to the Married Couple’s allowance.
| Income tax personal allowances | £ |
| Personal Allowance | 12,570 |
| Marriage Allowance | 1,260 |
| Blind person’s allowance | 2,520 |
| Married couple’s allowance
Either partner born before 6 April 1935 |
|
| – Maximum reduction in tax bill | 912.50 |
| – Minumum reduction in tax bill | 353.00 |
| Married couples’s allowance income limit
Reduce married couple’s allowance by £1 for every £2 of ‘adjusted net income’ above this limit |
30,400 |
Tax Rates & Allowances
- Introduction
- Capital Allowances – Plant And Machinery
- Capital Gains Tax (CGT)
- Car Benefits
- Car Fuel Benefit
- Cars – Advisory Fuel Rates For Company Cars
- Child Benefit
- Corporation Tax Rates
- Employee’s Statutory Payments
- Income Tax Allowances
- Income Tax Rates – Across the UK
- Income Tax Rates – Scotland
- Income Tax Rates – Wales
- Individual Savings Account (ISA)
- Inheritance Tax (IHT)
- Land and Buildings Transaction Tax
- Land Transaction Tax
- Mileage Allowance Payments (MAPS) For Employees
- Minimum Wage
- National Insurance Contributions (NIC) – Rates And Allowances
- Pensions Automatic Enrolment
- Pensions – Tax Relief On Pension Contributions
- Property Allowance
- Self Assessment – Key Dates
- Stamp Duty
- Stamp Duty Land Tax (SDLT)
- State Pensions
- Tax Reliefs For Individuals
- Trade Allowance
- Van Benefit
- VAT
- Vat Fuel Scale Charges
- Vehicle Excise Duty (VED) – Passenger Cars