![]() ![]() This year, 2016/17 the transferable allowance increases by £40 toĪ spouse or civil partner who is not liable to income tax above the basic rate may transfer £1,1000 of their unused personal allowance to their spouse/civil partner, provided that the recipient of the transfer is not liable to * An annual transferable allowance between spouses of £1,060 was introduced for 2015/16 tax year. ![]() Transferable personal allowance between spouse * Married Couples Allowance ( if born before 6th April 1935) People born between 6th April 1938 - 5th April 1948 For the coming 2016/17 financial year it will be £43,000. An increase in the Higher Rate Threshold had been expected for 2017, but it has actually Feedback to April 2017 the Personal Tax Free Allowance will increase to £11,500, but for this coming tax year it is £11,000. It includes changes to marriage allowances. As usual, any bugs orĮrrors identified by you I would appreciate an email so that I can make any necessary corrections. Feedback to tax rates, thresholds and allowances for the 2016-2017 UK PAYE Tax Year (commencing April 6th) are now integrated into the calculator. Includes changes to marriage allowances. Try it out & spread the word. Check out how 2016/17 changes will affect your pay.
0 Comments
Leave a Reply. |