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15 Feb 2019

HMRC reveals 700,000 couples are 'missing out' on Marriage Allowance

HMRC has estimated that around 700,000 couples are 'missing out' on the Marriage Allowance, which could save them up to £238 in tax.

14 Feb 2019

BCC publishes list of 20 'unanswered' 'no deal' Brexit questions

The British Chambers of Commerce (BCC) has published a list of 20 'unanswered, critical questions' in relation to a 'no deal' Brexit scenario.

13 Feb 2019

Chancellor will be required to spend 'billions' to end austerity, says IFS

In a new report, economic think tank the Institute for Fiscal Studies (IFS) has suggested that Chancellor Philip Hammond will be required to spend 'billions more' in order to end austerity.

Tables

Rate 1979/80 1980/81
Single Persons Allowance £1165 £1375
Married Man's £1815 £2145
Child's allowance (per child) £365 £365
Age related 65-74 £1540 £1820
Higher rate - income over £31,865 £32,010
Age related 75 and over
Married Couples
Age related 65-74 £2455 £2895
Age related 75 and over

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The nominal rate of interest applied.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

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