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£100,000, until completely withdrawn, leading to a marginal tax rate of 60% on income in the band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 £125,000 (2018/19 — £100,000 to £123,700).
The personal allowance will be frozen at £12,500 for the next tax year, 2020/21. Thereafter increases
will be indexed in line with the Consumer Price Index.
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 £29,600 (2018/19 — £28,900) subject to the minimum allowance. The married couple’s
allowance is reduced after the personal allowance.