Changes to Personal Allowances, Income Tax Rates and Bandwidths

For the tax year beginning 6th April 2016:-

• the personal allowance will increase to £11,000
• the basic rate limit will be increased to £32,000
• the higher rate threshold will be increased to £43,000

From 6th April 2016 there will only be one income tax personal allowance, regardless of an individual’s date of birth.

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