|Personal Allowance - Incomes up to £100,000||£11,000||£11,500||£11,850|
|Blind Persons Allowance||£2,290||£2,320||£2,390|
|Starting Rate for Savings||£5,000||£5,000||£5,000|
|Personal Savings Allowance - Basic rate tax payer||£1,000||£1,000||£1,000|
|Personal Savings Allowance - Higher rate tax payer||£500||£500||£500|
Married Couples Allowance - You are eligible where at least one of you was born before 6th April 1935, 2016/17 £8,355, 2017/18 £8,445 & 2018/19 £8,695, but only allowed as a 10% reduction to your tax bill on incomes below £27,700 2016/17, £28,000 2017/18 & £28,900 2018/19. This means that your tax bill will be reduced by up to £869.50, to nil, it cannot create a refund.
People on incomes over £37,970 2016/17 , £38,070 2017/18 & £39,570 will not receive the allowance.
Starting Rate for Savings - Only applies to those with taxable income under £16,000 16/17, £16,500 2017/18 & £16,850 2018/19. For more information please go to FAQ - Can you explain the 0% Starting Rate for Savings and the Personal Savings Allowance?
Posted in: General