Home Page Link for Malcolm J. Greer - Chartered Certified Accountant and Registered Auditor. Regulated for a range of Investment Business Activities by the Association of Chartered Certified Accountants.
Income Tax Allowances
Income Tax Rates
National Insurance Contributions
Individual Savings Accounts
Capital Gains Tax
Corporation Tax
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Income Tax Allowances

2008/09 2007/08
Personal Allowance £ £
general 5,435 5,225
aged 65 to 74 in year of assessment  9,030 7,550
aged 75 or over in year of assessment 9,180 7,690
age allowance income limit 21,800 20,900
minimum where income exceeds limit 5,435 5,225
 
Married couple's Allowance * (relief @ 10%)
either spouse aged under 75 and born before 6 April 1935 6,535 6,285
either spouse aged 75 or over in year of assessment 6,625 6,365
age allowance income limit 21,800 20,900
minimum where income exceeds limit 2,540 2,440
* Available for civil partners.
Blind person's allowance 1,800 1,730

 

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© Malcolm J. Greer
3 Jesse Terrace, Reading, Berkshire, RG1 7RS
Tel: 01189 588535 ~ Fax: 01189 588535