|
|
 |
| |
| |
 |
|
| |
| |
| Income Tax Allowances, Relief and Credits |
| |
 |
|
|
| |
| Personal (minimum) |
5,035 |
4,895 |
| Personal (age 65-74) |
7,280 |
7,090 |
| Personal (age 75 and over) |
7,420 |
7,220 |
| Married couple’s/civil partnership’s (minimum) at 10% * |
2,350 |
2,280 |
| Married couple’s/civil partnership’s (age under 75) at 10% * |
6,065 |
5,905 |
| Married couple’s/civil partnership’s (age 75 and over) at 10% * |
6,135 |
5,975 |
| Age related relief reduced by 50% of income over |
20,100 |
19,500 |
| Child tax credit (CTC) – family element: |
545 |
545 |
| CTC – family element baby addition |
545 |
545 |
| CTC usually reduced by 6.67% of joint income over |
50,000 |
50,000 |
| Childcare and childcare tax vouchers (weekly entitlement) |
50 |
50 |
| Blind person’s allowance |
1,660 |
1,610 |
| Rent-a-room tax-free income |
4,250 |
4,250 |
| Pensions earnings cap |
N/A |
105,800 |
| Pensions annual allowance |
215,000 |
N/A |
| Pensions lifetime allowance |
1,500,00 |
N/A |
| Venture capital trust (VCT) at 40% |
200,000 |
200,000 |
| Enterprise investment scheme (EIS) at 20% |
200,000 |
200,000 |
| EIS eligible for capital gains tax re-investment relief |
No Limit |
No Limit |
| * Where either claimant was born before 6 April 1935 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
