Main Personal Allowances & Reliefs

2011/12 2010/11
Personal (basic) £7,475 £6,475
Personal allowance reduced by 50% of income over £100,000 £100,000
Personal (65-74) £9,940 £9,490
Personal (75 & over) £10,090 £9,640
Married couples/civil partners (minimum) at 10%* £2,800 £2,670
Married couples/civil partners (75+) at 10%* £7,295 £6,965
Age-related reliefs reduced by 50% of income over £24,000 £22,900
Blind person’s allowance £1,980 £1,890
Rent-a-room tax-free income £4,250 £4,250
Venture capital trust (VCT) £200,000 max 30% 30%
Enterprise investment scheme (EIS) £500,000 max 30% 20%
EIS eligible for capital gains tax re-investment relief No limit
* Where at least one spouse/civil partner was born before 6 April 1935
Non-domicile remittance basis charge:for adult non-UK domiciliary after UK residence in at least 7 of the previous 9 tax years £30,000 £30,000
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ICAEW The Chartered Institute of Taxation ACCA IPG IR