Main Personal Allowances and Reliefs

  2015/16 2014/15
Personal (basic) £10,600 £10,000
Personal reduced if net income exceeds* £100,000 £100,000
Transferable tax allowance for married couples £1,060 N/A
Personal (age) if born between 6/4/38 and 5/4/48 N/A £10,500
Personal (age) if born before 6/4/38 £10,660 £10,660
Personal (age) reduced if net income exceeds* £27,700 £27,000
Married couple's allowance: * §    
- maximum amount £8,355 £8,165
- minimum amount £3,220 £3,140
Blind person's allowance £2,290 £2,230
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% £1m £1m
EIS eligible for capital gains tax (CGT) deferral relief No limit No limit
Seed enterprise investment scheme (SEIS) at 50% £100,000 £100,000
SEIS CGT reinvestment relief 50% 50%
  
* £1 reduction for every £2 of additional income over the income threshold.
§ Relief at 10% if at least one of the couple was born before 6/4/35.
   
Non-domicile remittance basis charge
For adult non-UK domiciliaries after UK residence in at least:
- 7 of the last 9 tax years £30,000 £30,000
- 12 of the last 14 tax years £60,000 £50,000
- 17 of the last 20 tax years £90,000 N/A