The personal allowance will remain frozen at £12,570 until April 2028.
Irrespective of age or date of birth, this allowance is reduced by £1 for every £2 of income over
£100,000, until completely withdrawn, leading to a marginal tax rate of 60% for UK resident taxpayers on
income in the band from £100,000 to £125,140.
A spouse or civil partner is entitled to transfer up to 10% of their personal allowance to their
spouse or civil partner, provided neither partner is a higher or additional rate taxpayer, and neither
was born before 6 April 1935.
Available to those born before 6 April 1935. Tax relief for this allowance is restricted to 10% and
the allowance is reduced by £1 for every £2 of income over £34,600 (2022/23 - £31,400) subject to the
minimum allowance. The married couple’s allowance is reduced after the personal allowance.