Tax Rates & Allowances
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Personal Allowances
The standard personal allowance is £12,500 for 2019/20.
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:
| 2018/19 (£) | 2019/20 (£) | 2020/21 (£)* | |
| Personal Allowances | £11,850 | £12,500 | £12,500 |
| Minimum married couples allowance | £3,360 | £3,450 | £3,510 |
| Maximum married couples allowance | £8,695 | £8,915 | £9,075 |
| Marriage allowance | £1,190 | £1,250 | £1,250 |
| Blind person's allowance | £2,390 | £2,450 | £2,500 |
| Income limit for allowances for Married couple’s allowance | £28,900 | £29,600 | £29,600 |
| Income limit for standard allowances | £100,000 | £100,000 | £100,000 |
| Personal allowance removed completely at: | £123,700 | £125,000 | £125,000 |
*2020/21 figures were announced in the 2020 Spring Budget and are subject to enactment.
