FAQs

What is a tax-free personal allowance?

Your personal allowance is the amount you can earn each year before you pay tax.

It is given to you in equal portions throughout the year, so that by the end of the tax year you have received your full allowance.

The personal allowance for this year remains the same: £12,500. If you’re paid weekly, this is equivalent to £240 per week.

You can tell what your personal allowance is by checking your tax code.

 These figures are correct for the 2020/21 tax year.