Cookies are small text files that are stored on your computer when you visit a website. They are mainly used as a way of improving the website functionalities or to provide more advanced statistical data.
Accounting, Taxation and Business Advisers
Call us today: 0118 405 6000 (Local Rate)
or email us info@atbaccounting.co.uk
What size is your
business?
We know you love your business regardless of it's size, so let us offer you sound financial advice
Individuals
Personal Allowances
The standard personal allowance has been frozen at £12,570 for all years from 2021/22 to today (April 2025). Currently, it is set to remain frozen still until 2027/28 unless changes are made at the Autum 2025 Budget or beyond.
The allowances for recent years are as follows:
| 2020/21 (£) | 2021/22 (£)* | 2022/23 (£) | 2023/24 (£) | 2024/25 (£) | 2025/26 (£) | |
| Personal Allowances | £12,500 | £12,500 | £12,570 | £12,570 | £12,570 | £12,570 |
| Minimum married couples allowance | £3,450 | £3,510 | £3,640 | £4,010 | £4,280 | £4,360 |
| Maximum married couples allowance | £8,915 | £9,075 | £9,415 | £10,375 | £11,080 | £11,270 |
| Marriage allowance | £1,250 | £1,250 | £1,260 | £1,260 | £1,260 | £1,260 |
| Blind person's allowance | £2,450 | £2,500 | £2,600 | £2,870 | £3,070 | £3,130 |
| Income limit for allowances for Married couple’s allowance | £29,600 | £30,200 | £30,400 | £30,400 | £37,000 | £37,700 |
| Income limit for standard allowances | £100,000 | £100,000 | £100,000 | £100,000 | £100,000 | £100,000 |
| Personal allowance removed completely at: | £125,000 | £125,000 | £125,140 | £125,140 | £125,140 | £125,140 |
The transferrable marriage allowance applied 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.
