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£100,000, until completely withdrawn, leading to a marginal tax rate of 60% on income in the band
from £100,000 to £123,700.
The personal allowance will increase to £12,500 by April 2020.
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 £28,900 (2017/18 — £28,000) subject to the minimum allowance. The married couple’s
allowance is reduced after the personal allowance.