Tax Allowances

Allowances 2010-11 Change 2011-12
Personal allowance (age under 65) £6,475 - £ 7,475
Personal allowance (age 65-74) £9,490 - £ 9,940
Personal allowance (age 75 and over) £9,640 - £10,090
Married couple’s allowance* (age 75 and over) £6,965 - £7,295
Married couple’s allowance* (minimum amount) £2,670 - £2,800
Income limit for age related allowances £22,900 - £24,000
Blind person’s allowance £1,890 - £1,980

For more information on these changes click on this link.

http://www.hm-treasury.gov.uk/d/rates_thresholds_tables.pdf

Testimonials

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Lewis Harmer - LH Financial