Main Personal Allowances and Reliefs
Main personal allowances and reliefs |
2019/20 |
2018/19 |
|
Personal allowance1 |
£12,500 |
£11,850 |
|
Marriage/civil partner’s transferable allowance |
£1,250 |
£1,190 |
|
Married couple’s/civil partner’s |
|
|
|
Blind person’s allowance |
£2,450 |
£2,390 |
|
Rent-a-room tax-free income |
£7,500 |
£7,500 |
|
Property allowance |
£1,000 |
£1,000 |
|
Trading allowance |
£1,000 |
£1,000 |
|
1 Personal allowance reduced by £1 for every £2 of adjusted net income over £100,000
2 Reduced by £1 for every £2 of adjusted net income over £29,600 (£28,900 for 2018/19), until the minimum is reached
High Income Child Benefit charge: 1% of benefit per £100 of adjusted net income between £50,000 and 60,000 |