UK Tax Allowances News

So with the start of the new tax year (2016/17), there comes a new Personal Savings Allowance. This means that…

The Chancellor of the Exchequer, George Osborne,  today announced in his March 2016 Budget an increase in the personal allowance for…

*Update* - this was increased in the 2016 Budget to £11,500 The UK personal allowance is the amount that you…

Are you wondering if the personal allowance is prorated - i.e you are only given a portion of it if you…

What salary do I have to earn to get caught by 40% tax? Generally each year the amount that you…

With effect from April 2016 the government have introduced a personal savings allowance that means that the majority of people will…

If you are a high earner then you may be questioning do high earners get a personal allowance? Well the…

So it is coming up to the time when the Inland Revenue will start to issue your tax code for…

If you are over 65 do you get a higher personal allowance? This is a question which many pensioners may…

If you are wondering do children get a personal allowance then the short answer is yes, they do. Everyone in…