Main Personal Allowances and Reliefs
  2014/15 2013/14
© Copyright 19 March 2014, subject to Finance Act 2014. For information only. Always seek professional advice before acting.
Personal (basic) £10,000 £9,440
Personal allowance reduced by 50% of income over £100,000 £100,000
Personal if born between 06/04/38 and 05/04/48 £10,500 £10,500
Personal if born before 06/04/38 £10,660 £10,660
Personal if born before 06/04/48 reduced if income exceeds* £27,000 £26,100
Married couples allowance*    
- Maximum amount £8,165 £7,915
- Minimum amount £3,140 £3,040
Blind person's allowance £2,230 £2,160
Rent-a-room tax-free income £4,250 £4,250
Venture capital trust (VCT) at 30% £200,000 £200,000
Enterprise investment scheme (EIS) at 30% £1,000,000 £1,000,000
EIS eligible for capital gains tax re-investment relief No limit No limit
Seed enterprise investment scheme (SEIS) at 50% £100,000 £100,000
SEIS eligible for CGT re-investment relief 50% 50%
Non-domicile remittance basis charge: for adult non-UK domiciliary after UK residence in at least 7 of the previous 9 tax years £30,000 £30,000
Non-domicile remittance basis charge: for adult non-UK domiciliary after UK residence in at least 12 of the previous 14 tax years £50,000 £50,000