Tax free pay - A person"s allowances less deductions.The main allowance for UK taxpayers is the "personal allowance". In the tax year 2003-2004 the personal allowances are:For people under 65: £4,61565-74: £6,61075+: £6,720The personal allowances for elderly people are reduced if their total income exceeds £18,300, and the amount of the reduction if £1 for every £2 of the excess. So someone aged 68 with total income of £18,700 would get a personal allowance of £6,610 less £200 = £6,410.Other allowances are:Married Couple"s Allowance: only available to couples where one person is 65 or overBlind Person"s Allowance: £1,510
Tax free pay : a person"s allowances less deductions.the main allowance for uk taxpayers is the "personal allowance". in the tax year 2003-2004 the personal allowances are:for people under 65: £4,61565-74: £6,61075+: £6,720the personal allowances for elderly people are reduced if their total income exceeds £18,300, and the amount of the reduction if £1 for every £2 of the excess. so someone aged 68 with total income of £18,700 would get a personal allowance of £6,610 less £200 = £6,410.other allowances are:married couple"s allowance: only available to couples where one person is 65 or overblind person"s allowance: £1,510
Tax free pay