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Article Index
Budget 2009
Income Tax Rates
Personal Allowances
Taxation of Dividends
Personal Income Tax Reliefs
Individual Savings Accounts (ISA)
Registered Pension Schemes
Capital Gains Tax
Inheritance Tax
Company Car Benefit
Car Fuel Benefit
Company Van Benefit
Tax free Approved Mileage Rates
National Insurance Contributions (NIC)
Corporation Tax
Capital Allowances and Reliefs
Value Added Tax
Stamp Duty
Stamp Duty Land Tax
Key Dates for Payment of Tax
Key Filing Dates
Personal Allowances - Budget 2009 - GT

Budget 2009 - Personal Taxation

Personal Allowances

  2009/2010 2008/2009
  £ £
Personal  
Age under 65 6,475 6,035
Age 65-74 9,490 9,030
Age 75 and over 9,640 9,180
Married couple's123  
Age less than 75 and born pre 6 April 1935 n/a 6,535
Age 75 and over 6, 965 6, 625
Age allowance income limit for full relief45 22,900 21,800
Blind person's 6 1,890 1,800

1 Relief is restricted to 10%.
2 Part or the full amount of the allowance may be transferred to the spouse (wife for marriages pre 6 December 2005) or civil partner.
3 Applies only where at least one spouse or civil partner was born pre 6 April 1935.
4 Personal allowance for age 65 and over reduced by £1 for every £2 income in excess of limit until basic personal allowance of £6,475 (£6,035 2008/2009) is reached.
5 Married couple’s allowance reduced by £1 for every £2 income in excess of limit until minimum allowance of £2,670 (£2,540 2008/2009) is reached.
6 Any surplus can be transferred to the spouse or civil partner.



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