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Income Tax allowances table

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16


Personal Allowance (1)

£6,475

£7,475

£8,105

£9,440

£10,000

£10,600


Income limit for Personal Allowance

£100,000

£100,000

£100,000

£100,000

£10,0000


Personal Allowance for people aged 65-74 (1)(2)

£9,940

£10,500

£10,500 (if born between 6 April 1938 and 5 April 1948)

£10,500

£10,600


Personal Allowance for people aged 75 and over (1)(2)

£10,090

£10,660

£10,660 (if born between 6 April 1938 and 5 April 1948)

£10,660 

£10,660


Married Couple's Allowance (born before 6th April 1935 and aged 75 and over) (2) (3)

£7,295

£7,705

£7,915

£8,165 maximum ; £3,140 minimum

£8,355 maximum ; £3,220 minimum


Income limit for age-related allowances


£24,000

£25,400

£26,100 (for those born before 6 April 1948)

£27,000

£27,700


Blind Person's Allowance

£1,890

£1,980

£2,100

£2,160

£2,230

£2,290

Transferable Tax Allowance for married couples and civil partners (*6)

2015/16 commencement ; £1060 allowance


*1 The personal allowance reduces where the individual’s income is above this limit by £1 for every £2 above the limit. This applies regardless of the individual’s date of birth.
*2 This allowance reduces where the individual’s income is above the income limit by £1 for every £2 above the income limit until it reaches the level of the personal allowance for someone born after 5 April 1948.
*3 Available to people born before 6 April 1935. Tax relief for this allowance is restricted to 10 per cent.
*4 This allowance is reduced when the individual’s income is above the income limit. This is at a rate of £1 for every £2 above the income limit until it reaches the minimum amount. Any reduction in the married couple’s allowance applies after any reduction to the individual’s personal allowance.
*5 This is also the maximum relief for maintenance payments where at least one of the parties is born before 6 April 1935.
*6 Available to spouses/ civil partners born after 5 April 1935. This allowance is 10% of the personal allowance for those born after 5 April 1938. It allows a spouse or civil partner who is not liable to income tax above the basic rate to transfer this amount of their personal allowance to their spouse/ civil partner. The recipient must not be liable to tax above the basic rate. The recipient is eligible to a tax reduction of 20% of the transferred amount.​




Income Tax rates and taxable bands

2010-11

2011-12

2012-13


2013-14

2014-15

2015-16


Starting rate for savings: 10%*

£0-£2,440

£0-£2,560

£0-£2,710

£0-£2,790

£0-£2,880

£0-£5,000


Basic rate: 20%

£0-£37,400

£0-£35,000

£0-£34,370

£0-£32,010

£0-£31,865

£0-£31,785


Higher rate: 40%

£37,401-£150,000

£35,001-£150,000

£34,371-£150,000

£32,011-£150,000

£31,866-£150,000

£31,786-£150,000


Additional rate: 50%

Over £150,000

Over £150,000

Over £150,000

N/A - 45% rate on Over £150,000 from 6 April 2013

Over £150,000 [45%]

Over £150,000 [45%]


Dividend ordinary rate / Dividend upper rate / Dividend additional rate

10% / 32.5% / 42.5%

10% / 32.5% / 42.5%

10% / 32.5% / 42.5%

10% / 32.5% / 42.5%

10% / 32.5% / 42.5%

10% / 32.5% / 42.5%

(*) From 2008-09 there is a starting rate for savings income only. If an individual’s taxable non-savings income exceeds the starting rate limit, then the starting rate for savings will not be available for savings income.
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