| Income Tax Allowance |
Year 2013-14 |
Year 2012-13 |
Year 2011-12 |
|
Personal Allowance(1) |
NA |
8,105 |
7,475 |
|
Personal Allowance for who born after 5th April 1948(1) |
9,440 |
NA |
NA |
|
Income Limit for Personal Allowance |
100,000 |
100,000 |
100,000 |
|
Personal Allowance for people aged 65-74 |
NA |
10,500 |
9,940 |
|
Personal Allowance for people born between 6 April 1936 and 5 April 1946 (1)(2) |
10,500 |
NA |
NA |
|
Personal Allowance for people aged 75 and over (2)(3) |
NA |
10,660 |
10,090 |
|
Personal Allowance for who born before 6 April 1938 (1) (2) |
10,660 |
NA |
NA |
|
Married Couples Allowance for those who born before 6th April 1935 and Aged 75 and Over (2)(3) |
7,915 |
7,705 |
7,295 |
|
Income limit for age related allowances |
NA |
25,400 |
24,000 |
|
Income Limit for the allowances for those born before 6th April 1948 |
26,100 |
NA |
NA |
|
Minimum Amount of Married Couple Allowance |
3,040 |
2,960 |
2,800 |
|
Blind Persons Allowance |
2,160 |
2,100 |
1,980 |
Notes:
If the income is above 100,000 the Personal Allowance reduces by every 1 for every 2 income above 100,000 limits. This reduction applies irrespective of age limit.
For married Couples Allowance tax relief is given at the rate of 10%
The Personal Allowance for people aged 65 and over (up to and including 2012-13) and born before 6 April 1948 (from 2013-14) can be reduced below the basic Personal Allowance where the income is above 100,000.
Figures are indicative only. Please recheck it with respective department for maximum accuracy and updated figures.
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