Income Tax Allowances, Reliefs and Credits

Personal allowance (minimum)

8,105

7,475

Personal allowance (age 75+)

10,660

10,090

Blind Person's Allowance

2,100

1,980

Rent-a-room tax free home income*
*restricted to £2,125 if letting jointly

4,250

4,250

Married couples/Civil partnerships allowance (age under 75 and born before 6th April 1935)

N/A

N/A

Married couples/Civil partnerships allowance (minimum)

2,960

2,800

Family element

545

545

Child element

2,690

2,555

Severely disabled child element

1,190

1,130

Basic element

1,920

1,920

30 hour element

790

790

Severe disability element

1,190

1,130

50+ return to work payment (30+ hours)

Removed!

2,030

Maximum eligible cost for one child

£175 per week

£175 per week

Percentage of eligible costs covered

70%

80%

First income threshold

6,420

6,420

First withdrawal rate

41%

41%

Second withdrawal rate

41%

41%

Maximum Investment

1000,000

500,000

Maximum Investment

200,000

200,000