Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Income tax and age-related allowances

13 December 2016
Issue: 4580 / Categories: News

The recently announced figures for 2017-18.

 

2016-17

£

2017-18

£

Personal allowance

11,000

11,500

Income limit

100,000

100,000

Married couple’s allowance (dob before 6.4.35)

8,355

8,455

Married couple’s allowance (minimum amount) (dob before 6.4.35)

3,220

3,260

Marriage allowance

1,100

1,150

Blind person’s allowance

2,290

2,320

Dividend allowance

5,000

5,000

Personal savings allowance (basic rate taxpayers)

1,000

1,000

Personal savings allowance (higher rate taxpayers)

500

500

Annual ISA subscription limit

   

Overall limit

15,240

20,000

Junior ISA

4,080

4,128

Child trust fund

4,080

4,128

 

Issue: 4580 / Categories: News
back to top icon