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taxvol@taxvol.org.uk
What are my allowances?
| 2019/20 | 2020/21 | 2021/22 | |
|---|---|---|---|
| Personal Allowance - Incomes up to £100,000 | £12,500 | £12,500 | £12,570 |
| Marriage Allowance | £1,250 | £1,250 | £1,250 |
| Blind Persons Allowance | £2,450 | £2,500 | £2,520 |
| 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, but only allowed as a 10% reduction to your tax bill on incomes below £29,600 2019/20, £30,200 2020/21 or £30,400 2021/22.
Starting Rate for Savings - Only applies to those with taxable income under £17,570 2021/22.
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