| Personal Allowance |
Article Index for Personal |
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Information AboutPersonal Allowance |
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The personal allowance for the tax year 2005-06 for residents under 65 was £4895, and this has risen to £5035 for the tax year 2006-07. Earnings above the personal allowance are taxable according to how much is earned. Certain residents are entitled to a larger personal allowance than this. These include the over 65s, the blind, and married couples where at least one person was born before 6 April 1935. |
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