Income Tax allowances

2011-12

2012-13

2013-14

Personal Allowance (1)

£7,475

£8,105

N/A

Personal Allowance for people born after 5 April 1948

N/A

N/A

£9,440

Income limit for Personal Allowance

£100,000

£100,000

£100,000

Personal Allowance for people aged 65-74

£9,940

£10,500

N/A

Personal Allowance for people born between 06/04/1938 and 05/04/48

N/A

N/A

£10,500

Personal Allowance for people aged 75 and over

£10,090

£10,660

N/A

Personal Allowance for people before 6 April 1938

N/A

N/A

£10,660

Married Couple's Allowance (born before 6th April 1935 and aged over 75

£7,295

£7,705

£7,915

Income limit for age-related allowances

£24,000

£25,400

N/A

Income limit for the allowances for those born before 6 April 1948

N/A

N/A

£26,100

Minimum amount of Married Couple's Allowance

£2,800

£2,960

£3,040

Blind Person's Allowance

£1,980

£2,100

£2,160


Rate


2011-12


2012-13


2013-14

Starting rate for savings: 10%

£0 - £2,560

£0-£2,710

£0- £2,790

Basic rate: 20%

£0 - £35,000

£0-£34,370

£0-£32,010

Higher rate: 40%

£35,001 - £150,000

£34,371-£150,000

£32,011- £150,000

Additional rate: 50%

Over £150,000

Over £150,000

N/A

45% from 6 April 2013

Over £150,000

Over £150,000

Over £150,000

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