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
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Capital Gains Tax
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Income Tax Allowances

  2010/11 2009/10
Personal Allowance1 £ £
general 6,475 6,475
aged 65 to 74 in tax year  9,490 9,490
aged 75 or over in tax year 9,640 9,640
age allowance income limit 22,900 22,900
minimum where income exceeds limit (subject to note 1 reduction) 6,475 6,475
 
Married couple's Allowance2 (reief at 10%)
either partner aged 75 or over in year of assessment 6,965 6,965
age allowance income limit 22,900 22,900
minimum where income exceeds limit 2,670 2,670
 
Blind person's allowance 1,890 1,890


1
For 2010/11 the personal allowance is reduced by £1 for every £2 of income above £100,000.

2Available for civil partners.

 

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© Malcolm J. Greer
3 Jesse Terrace, Reading, Berkshire, RG1 7RS
Tel: 01189 588535 ~ Fax: 01189 588535
Email: mjg@hi-nrg.co.uk