Main Personal Allowances and Reliefs
| |
2008/09 |
2007/08 |
| Personal (basic) |
£5,435 |
£5,225 |
| Personal (65-74) |
£9,030 |
£7,550 |
| Personal (75 & over)
|
£9,180 |
£7,690 |
| Married couples/civil
partners (minimum) at 10%* |
£2,540 |
£2,440 |
| Married couples/civil
partners (under 75) at 10%* |
£6,535 |
£6,285 |
| Married couples/civil
partners (75+) at 10% |
£6,625 |
£6,365 |
| Age-related reliefs reduced
by 50% of income over |
£21,800 |
£20,900 |
| Blind persons |
£1,800 |
£1,730 |
| Rent-a-room tax-free
income |
£4,250 |
£4,250 |
| Venture capital trust (VCT)
at 30% |
£200,000
|
£200,000 |
Enterprise investment scheme
(EIS) at 20%
|
£500,000 |
£400,000 |
| EIS eligible for capital
gains tax re-investment relief |
No limit |
|
|
Non-domicile charge:
Charge for
adult non-UK domiciliary after UK residence in at least 7 of the previous
9 tax years: |
£30,000 |
– |
|
|
