TaxGuided
All glossary terms

Glossary term

Personal Allowance (UK)

The tax-free amount of UK income tax personal allowance.

Related terms

2

Jurisdictions

gb

Definition

The personal allowance for UK income tax is 12,570 GBP for 2024-25, with a tapered withdrawal at incomes above 100,000 GBP. Below 100,000 GBP the full personal allowance is available; above 125,140 GBP it is fully removed.

Examples

  • A UK resident with income below 100,000 GBP receives the full 12,570 GBP personal allowance.

Translations

ESasignación personal
ZH个人免税额
DEpersönlicher Freibetrag
FRabattement personnel
JA個人控除

Citations

Income Tax Act 2007 · 35

Related citations

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Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.