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UK TAX ALLOWANCES SUMMARY
UK Tax Calendar | UK Tax Rates | UK Tax Schedules |
| Allowance |
Age |
Tax year
ending 5 April |
Amount |
Personal |
up to 65 |
2007
2008
2009
2010
2011 |
£5,035
£5,225
£6,035
£6,475
£7,475 |
| 65 to 74(6) |
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011 |
£5,790(1)
£5,990(1)
£6,100(1)
£6,610(1)
£6,830(1)
£7,090(1)
£7,280(1)
£7,550(1)
£9,030(1)
£9,490(1)
£9,940(1) |
| 75 Plus(6) |
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010 & 2011 |
£6,050(1)
£6,260(1)
£6,370(1)
£6,720(1)
£6,950(1)
£7,220(1)
£7,420(1)
£7,690(1)
£9,180(1)
£9,640 |
Married Couple's(2)
|
65 - 74
Age 65 before 6 Apr 2000 |
2001
2002
2003
2004
2005
2006
2007
2008
2009 |
10% of £5,185(1)
10% of £5,365(1)
10% of £5,465(1)
10% of £5,565(1)
10% of £5,725(1)
10% of £5,905(1)
10% of £6,065(1)
10% of £6,285(1)
10% of £6,535(1) |
| 75 Plus |
2001
2002
2003
2004
2005
2006
2007
2008
2009
2011 |
10% of £5,255(1)
10% of £5,435(1)
10% of £5,535(1)
10% of £5,635(1)
10% of £5,795(1)
10% of £5,975(1)
10% of £6,135(1)
10% of £6,365(1)
10% of £6,625(1)
10% of £7,295(1) |
| Blind person's |
any |
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010 & 2011 |
£1,400
£1,450
£1,480
£1,510
£1,560
£1,610
£1,660
£1,730
£1,800
£1,890 |
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(1) The amount of these allowances is reduced if total income is above a
certain amount.
(2) From April 2000, this allowance was abolished for people born on
or after 6 April 1935. Where the allowance received by an older
person is restricted because of income - see note (1) above - it will
not be reduced below £2,000 in the tax year ending 5 April 2001 and
£2,070 in the tax year ending 5 April 2002 and £2,110 in tax year 2003
and £2,150 in tax year 2004 and £2,210 in 2005 and £2,280 in 2006, and
in 2010 not below £6,475, and in 2011 not below £7,475.
(3) This allowance is abolished for deaths occurring after 5 April 2000. Where death occurred during the tax year ending 5 April 2000, the widow also received the allowance in the tax year ending 5 April 2001.
(4) But the credit is reduced by £2 for every £3 by which your income exceeds the higher-rate tax threshold.
(5) Is reduced by 55p for ea £1 of net income above £94.50. Savings are less than £8,000 but savings above £3,000 are taken into account in assessing your income. It is assumed you earn £1 a week from ea £250 of savings above £3,000.
(6)Age allowance income limit (2003/04=£18,300)(2004/05=£18,900). Where income exceeds limit (2003/03=£4,615)(2004/05=£4,745) |
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