Tax credits and allowances

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Any income you earn up to your personal allowance is tax-free. Earnings above these levels are taxed at the rates shown on our Income tax table.

TAX ALLOWANCES ALLOWANCES / RELIEFS 2012/2013 2013/2014 £ Personal allowance Under 65 £8,105 - Aged 65-74 £10,500 - Aged 75+ £10,660 - Born after April 5 1948 - £9,440 Born April 6 1938 to April 5 1948 - £10,500 Born before April 1938 - £10,660 Other allowances Maximum amount of married couple's allowance - born before April 6 1935 £7,705 £7,915 Minimum amount of married couple's allowance - born before April 6 1935 £2,960 £3,040 Blind person's allowance £2,100 £2,160

ALL OUR TAX TABLES     Rates, thresholds and allowances Tax-free savings rules Capital gains tax Stamp duty: Tables for thresholds Tax credits and allowances Working & Child Tax credits, Child Benefit Inheritance tax tables National Insurance Income Tax tables

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