Tax Rates & Allowances 2016/17
Income Tax Reliefs
2016/17 |
2015/16 |
|
| Personal allowance | ||
| - born after 5 April 1938 | £11,000** | £10,600** |
| - born before 6 April 1938* | £11,000** | £10,660** |
(Reduce personal allowance by £1 for every £2 of adjusted net income over £100,000.) **£1,100 (£1,060) may be transferable between certain spouses where neither pay tax above the basic rate. |
||
Married couple's allowance (relief at 10%)* (Either partner 75 or over and born before 6 April 1935.) |
£8,355 | £8,355 |
| - min. amount | £3,220 | £3,220 |
*Age allowance income limit (Reduce age allowance by £1 for every £2 of adjusted net income over £27,700.) |
£27,700 | £27,700 |
| Blind person’s allowance | £2,290 | £2,290 |