April 15. 2021
The 2021/2022 tax year brings an increase in personal allowances. The allowances in England and Wales are:
Once your taxable income goes above £100,000 your Personal
Allowance is reduced down to zero and is completely gone for income over
£125,140.
The Scottish Income Tax rates are:
Like England and Wales you do not get a Personal Allowance
if you earn over £125,140.
Once your taxable income goes above £100,000 your Personal Allowance is reduced down to zero and is completely gone for income over £125,140.