Tax-free allowance Archives | Taxfile https://www.taxfile.co.uk/category/tax-free-allowance/ Tax advice & accounting services for South London businesses & SMEs Thu, 13 Mar 2025 13:04:35 +0000 en-GB hourly 1 Tax-Free Personal Allowance Thresholds & Tax Bands (2022/23 to 2016/17) https://www.taxfile.co.uk/2022/05/tax-free-personal-allowance-thresholds/ Sat, 28 May 2022 09:56:55 +0000 https://www.taxfile.co.uk/?p=6820 Tax-Free Personal Allowance Thresholds & Tax Bands (2022/23 back to 2016/17)

Today we look at the tax-free allowance thresholds for what's officially known as the tax-free Personal Allowance in the tax and accountancy world.

The Tax-Free Personal Allowance

This is the amount a UK individual can earn as income before they have to pay any Income Tax. In the current tax year ...

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]]> Small Trader? Make the Most of These 2 Allowances! https://www.taxfile.co.uk/2020/10/small-trader-allowances/ Fri, 09 Oct 2020 09:15:51 +0000 https://www.taxfile.co.uk/?p=4665 Small trader? Make the most of these 2 allowances!

Small traders with very modest incomes are currently eligible for a couple of very useful allowances. Both of these could save them money — and some paperwork ...

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