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Individuals
Personal Allowances
The standard personal allowance is £11,850 for 2018/19. Autumn 2018 Budget announced that the allowance will rise to £12,500 from 6 April 2019.
The transferrable marriage allowance applies from 6 April 2015 to couples (married or civil partners) where neither person pays tax at the 40% or 45% rates. The spouse who cannot use all their personal allowance against their own income may opt to transfer 10% of their personal allowance to their spouse or civil partner.
The personal allowance is tapered away for individuals who have income over £100,000, at the rate of £1 for every £2 of income above that threshold.
The allowances for recent years are as follows:
| 2017/18 (£) | 2018/19 (£) | 2019/20 (£) | |
| Personal Allowances | 11,500 | 11,850 | 12,500 |
| Minimum married couples allowance | 3,260 | 3,360 | 3,450 |
| Maximum married couples allowance | 8,445 | 8,695 | 8,915 |
| Marriage allowance | 1,150 | 1,190 | 1,250 |
| Blind person's allowance | 2,320 | 2,390 | 2,450 |
| Income limit for allowances for Married couple’s allowance | 28,000 | 28,900 | 29,600 |
| Income limit for standard allowances | 100,000 | 100,000 | 100,000 |
| Personal allowance removed completely at: | 123,000 | 123,700 | 125,000 |