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Tax Rates & Allowances

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Individuals

Personal Allowances

The standard personal allowance is £12,500 for 2019/20, 12570 for 2020/21 and 2021/22.

The transferrable marriage allowance applies from 6 April 2015 to couples (married or civil partners) where neither person pays tax at the 40% or 45% rates. The spouse who cannot use all their personal allowance against their own income may opt to transfer 10% of their personal allowance to their spouse or civil partner.

The personal allowance is tapered away for individuals who have income over £100,000, at the rate of £1 for every £2 of income above that threshold.

The allowances for recent years are as follows:

Minimum married couples allowanceMarriage allowanceIncome limit for allowances for Married couple’s allowancePersonal allowance removed completely at:
2018/19 (£) 2019/20 (£) 2020/21 (£)* 2021/22 (£)
Personal Allowances £11,850 £12,500 £12,570 £12,570
£3,360 £3,450 £3,510 £3,530
Maximum married couples allowance £8,695 £8,915 £9,075 £9,125
£1,190 £1,250 £1,250 £1,260
Blind person's allowance £2,390 £2,450 £2,500 £2,520
£28,900 £29,600 £29,600 £30,400
Income limit for standard allowances £100,000 £100,000 £100,000 £100,000
£123,700 £125,000 £125,000 £125,140

*2020/21 figures were announced in the 2020 Spring Budget and are subject to enactment.

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