Policy paper

Income Tax: personal allowance and basic rate limit for 2016 to 2017 and 2017 to 2018

This Tax Information and Impact Note is about changes to Income Tax personal allowances and basic rate for 2016 to 2017 and 2017 to 2018.

This publication was withdrawn on

This page has been withdrawn. Personal Allowances were increased as part of Budget 2015 for more information see Tax and tax credit rates and thresholds for 2016-17.

Documents

Income Tax: personal allowance and basic rate limit for 2016 to 2017 and 2017 to 2018

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Details

This measure announces that the personal allowance will be increased to £10,800 for 2016 to 2017 and £11,000 for 2017 to 2018. The basic rate limit will be increased to £31,900 for 2016 to 2017 and £32,300 for 2017 to 2018. As a result, the higher rate threshold will be £42,700 in 2016 to 2017 and £43,300 in 2017 to 2018.

From 2016 to 2017, there will be one Income Tax personal allowance regardless of an individual’s date of birth.

Published 18 March 2015