Definitions for personal allowance

This page provides all possible meanings and translations of the word personal allowance

FreebaseRate this definition:(0.00 / 0 votes)

  1. Personal allowance

    In the UK tax system, Personal Allowance is the level above which income tax is levied on an individual's annual income. A person who receives less than his/her personal allowance in taxable income in a given tax year does not pay income tax; otherwise, tax must be paid according to how much is earned above this level. Certain residents are entitled to a larger personal allowance than others. Such groups include the over 65s, blind people, and married couples where at least one person in the marriage was born before 6 April 1935.


Find a translation for the personal allowance definition in other languages:

Select another language:

Discuss these personal allowance definitions with the community:

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:     


Use the citation below to add this definition to your bibliography:


"personal allowance." STANDS4 LLC, 2015. Web. 21 Apr. 2015. < allowance>.

Are we missing a good definition for personal allowance? Don't keep it to yourself...

The Web's Largest Resource for

Definitions & Translations

A Member Of The STANDS4 Network

Nearby & related entries:

Alternative searches for personal allowance:

Thanks for your vote! We truly appreciate your support.