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What are my allowances?

 

2017/18 2018/19 2019/20
Personal Allowance  - Incomes up to £100,000  £11,500  £11,850 £12,500
Marriage Allowance  £1,150  £1,190 £1,250
Blind Persons Allowance  £2,320  £2,390 £2,450
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,  2018/19 £8,695 and 2019/20 £8,915, but only allowed as a 10% reduction to your tax bill on incomes below £28,900 2018/19 and £29,600 2019/20. This means that your tax bill will be reduced by up to £891.50, to nil, it cannot create a refund.

People on incomes over £39,570 2018/19 and £40,530 2019/20 will not receive the allowance.

Starting Rate for Savings - Only applies to those with taxable income under £16,850 2018/19 or £17,500 2019/20.

 

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