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Head Office
Abbeydale House
166 Easemore Road
Riverside, Redditch
Worcestershire
B98 8HE

Tel: 01527 68235

We work for all sizes of
business including;

Individuals
Sole Traders
Partnerships
SMEs
Limited Companies
Larger Ltd Companies
LLPs


Please call if you would
like to discuss your
situation. We are always
delighted if businesses
want to talk to us no
matter what the
outcome.

Our Number is:

   Tel: 01527 68235

Brotherton News ArchiveBrotherton NEWS
Brotherton News
Personal Allowances-changes that may affect you- Updated 12 Aug 2011
Personal allowances
 

From the 6 April 2011 the personal allowances available to individuals aged under 65 is increased from 6475 to 7475 (9940 for those aged between 65-74 and 10090 for those aged 75 or over)

Due to the reduction of the basic rate limit to 35000.00 the increased personal allowance will not benefit higher rate taxpayers.

For higher rate taxpayers with adjusted net income in excess of 100'000.00, the restriction of the personal allowances is still applicable. The restriction is a reduction of 1 for every 2 of taxable income that exceeds the 100'000.00 threshold. Once an individual's net income exceeds 114950, no personal allowance will be available.
 

 



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