Individuals

Personal Allowances

The standard personal allowance is �11,500 for 2017/18. Autumn 2017 Budget announced that the allowance will rise to �11,850 from 6 April 2018.

The transferrable marriage allowance applies from 6 April 2015 to couples (married or civil partners) where neither person pays tax at the 40% or 45% rates. The spouse who cannot use all their personal allowance against their own income may opt to transfer 10% of their personal allowance to their spouse or civil partner.

The personal allowance is tapered away for individuals who have income over �100,000, at the rate of �1 for every �2 of income above that threshold.

The allowances for recent years are as follows:

  2016/17 (�) 2017/18 (�) 2018/19 (�)
Personal Allowances 11,000 11,500 11,850
Minimum married couples allowance* 3,220 3,260 3,360
Maximum married couples allowance* 8,335 8,445 8,695
Marriage allowance 1,100 1,150 1,185
Blind person’s allowance 2,290 2,320 2,390
Income limit for allowances for Married couple�s allowance 27,700 28,000 28,900
Income limit for standard allowances 100,000 100,000 100,000
Personal allowance removed completely at: 122,000 123,000 123,700

*2018/19 figures were announced in the 2017 Autumn Budget and are subject to enactment.