2017/18 Personal Tax Allowance.

2017/18 Personal Tax Allowance For those clients that outsource their payroll to us, we have now filed your year-end returns with HMRC and sent out the P60’s to all your…

2017/18 Personal Tax Allowance

For those clients that outsource their payroll to us, we have now filed your year-end returns with HMRC and sent out the P60’s to all your employees

The personal allowance has increased for this current tax year:

Age Earning bracket 2017/18 personal allowance
Any age Under £100,000                                  £11,500
£100,000 to £123,000 Decreases from £11,500 by £1 for every
£2 you earn, until it reaches £0
Over £123,000                                  £0
Extra allowances:       Blind Persons Allowance            Your personal allowance + £2,320