Tax Allowances
| 2014/15 | 20113/14 | 20112/13 | 2011/12 | |
|---|---|---|---|---|
| Personal Allowance | £10,000 | £9,440 | £8,105 | £7,475 |
| Income limit for Personal Allowance | £100,000 | £100,000 | 100,000 | £100,000 |
| Personal Allowance Aged 65-74 (1) | £10,500 | £10,500 | £10,500 | £9,940 |
| Personal Allowance Aged 75 and over (1) | £10,660 | £10,660 | £10,660 | £10,090 |
| Married Couples Allowance (aged over 74) (1) (2) | £8,165 | £7,915 | £7,705 | £7,295 |
| Income limit for age related allowance | £27,000 | £26,100 | £25,400 | £24,000 |
| Minimum amount of married couple's allowance | £3,140 | £3,040 | £2,960 | £2,800 |
| Blind person's allowance | £2,230 | £2,160 | £2,100 | £1,980 |
(1) These allowances are reduced where the income is above the income limit by £1 for every £2 of income over the limit.
(2) Tax relief for the married couple's allowance is given at the rate of 10%