Personal Tax Allowance for 2009/2010 having reached 65 in December 2009?
Q. I became 65 on Dec 9th 2009. I still work earning about PS210 per week, am now getting a state pension of PS117 per week. What are my personal allowances for 2009/2010?
Asked by Novice - Tue Mar 9 08:05:57 2010 - United Kingdom - 2 Answers - Comments

A. If your total income for the tax year 06/04/09 to 06/04/10 is less than PS22,900, you get a personal allowance of PS9,490. But you have to formally claim it by giving tax office your date of birth, even if that information is already held on your record. You will not get a code of 949, because it is restricted by the amount of state pension you receive. There is no provision to tax state pension at source, so tax on that is collected by taxing any other income you have. You can tell tax office about your circumstances on form P161, and claim age allowance on the same form if form not already completed. Download from , and put "form P161" in search-box. If your new code number has not yet been issued, we are now too near the end… [cont.]
Answered by steffi - Tue Mar 9 18:27:41 2010

Should I get a small pay rise due to the new increase in personal allowance?
Q. Thanks Jo W. It seems like my home takings are still the same. Does that mean my employer reduced my pay and taken advantage of the new personal allowance for themselves?
Asked by Ocean - Sat May 7 12:26:34 2011 - Personal Finance - 2 Answers - Comments

A. You won't get a pay rise as such, but your take home pay should show an increase from April. See to calculate tax and NI you will be paying from April.
Answered by Jo W - Sat May 7 12:38:17 2011

What's your personal recommended daily allowance of bacon?
Q.
Asked by David Bianchet - Thu Sep 17 14:13:01 2009 - Polls & Surveys - 11 Answers - Comments

A. i dont eat bacon
Answered by life.. - Thu Sep 17 14:15:32 2009

What is personal allowance? The 2005 amount $3,200, is this amount more beneficial to a single person (no dep
Q. What is personal allowance? The 2005 amount $3,200, is this amount more beneficial to a single person (no dependents) who earned $10,000 or a single person (1 dependent) who earned $10,000.
Asked by angel_rat_83 - Thu Nov 9 20:06:16 2006 - United States - 2 Answers - Comments

A. Steve F's answer is dead on for 2006. For 2005, the $5,000 standard deduction is added to one exemption $3,200 or two exemptions $6,400 to get the total deduction. The total deduction for one exemption is $8,200 ($5,000+$3,200)and for two it is $11,400. Total taxable income is $1,800 ($10,000-$8,200) for one and $0 for two. Total tax is $180 (10% of $1,800) for one and $0 for two. So, in 2005, your tax savings for claiming a dependent is $180. For 2006, your tax savings for claiming a dependent is $155. Something, but not much. If the dependent is your qualifying child, you may get to claim the Earned Income Credit and/or Child Tax Credit to increase your refund, but that is a totally different topic.
Answered by TaxMan - Thu Nov 9 22:27:50 2006

what's my personal allowance number if I'm under 21 and I will file taxes as a dependent?
Q. i got a job, and they're asking me to file out my tax forms. If I'm going to file as a dependent later on in the year, am I allowed to change my withholding allowance from 0 to 1? Right now it stands as 1 on the online form and I wanted to see if I qualified to file with an allowance of 1. thank you
Asked by - Mon Jun 28 01:47:43 2010 - United States - 3 Answers - Comments

when does the higher rate of tax start, including personal allowance?
Q.
Asked by ENGLISH BULLDOG - Tue Dec 26 17:09:57 2006 - United Kingdom - 4 Answers - Comments

A. It depends on certain factors such as your age but for most people it is just over PS38,000
Answered by The Mad cyclist - Tue Dec 26 17:15:03 2006

If you live and work abroad for a year are you still entitled to the UK tax Personal Allowance?
Q. Sorry for the dull, repetitve question but I need to make absolutely sure the IR aren't going to turn round and say "you're wrong! give us all your money!" as I've heard they frequently do...(I'm a UK citizen and spent a year in Czech Republic) Cheers folks.
Asked by Erica M - Sat Nov 18 09:24:10 2006 - United Kingdom - 4 Answers - Comments

A. A year, do you mean a tax year. Each tax year you are entitled to a personal allowance which is subtracted from your earnings. If your earnings are less than your personal allowance then you don't pay any tax but it isn't a benefit that can encashed, sorry. If you are in the country less than 90 days in the tax year you aren't subject to uk tax. You are however probably subject to czech tax. My advice don't contact the ir on this matter. No gain but perhaps some pain.
Answered by jewelking_2000 - Sat Nov 18 09:41:09 2006

If my gross pay pa is PS35000 (UK) and my personal allowance is PS6000, will I have to pay 40% income tax?
Q. The HM Revenue site states 40% tax on income of over PS34,800, but it is not clear if this is nett of personal allowance. Thus if my pa is PS6000 my taxable pay is PS29000, or does it mean 40% is applied to gross income over PS40800?
Asked by Seaman Staines - Mon Nov 10 06:52:06 2008 - United Kingdom - 9 Answers - Comments

A. Income tax is based on your Taxable Income which starts after NI, Personal Allowances etc have been taken out. Both your satements are correct. If you gross PS34800 and have PS6000 PA then your taxable income is indeed PS28800 (34800-6000) and below the 40% threshold. In this example, you would not reach your 40% threshold until you gross PS40800 (6000+34800). I'm not sure whether you are thinking you pay 40% on it all. You would pay 22% on your taxable income upto PS34800 and 40% only on the balance above that. In the example above if we raise your gross to 45000, you would pay 0% on PS6000, 22% on PS34800 and 40% on PS4200. PS: Above should read 20% not 22%. Thanks Steffi.
Answered by Ivan - Mon Nov 10 07:15:29 2008

What's the point of increasing national insurance and increasing the personal allowance at the same time?
Q. If the net effect is so little then why bother?
Asked by James - Sat Mar 26 14:02:48 2011 - Government - 1 Answers - Comments

A. Please cite your source and define 'personal allowance'. Do you mean Deduction?
Answered by Rick - Sat Mar 26 14:34:08 2011

define personal allowance in accounting end of year?
Q. I'm looking over the budgets for my county for the 2012 year, and I just want to be sure I have the right definition of a personal allowance for these programs. Is this similiar to "Cash on Hand"? Please explan. thank you
Asked by Mellow-knee - Mon Nov 14 15:46:59 2011 - United States - 1 Answers - Comments

A. of course not cash on hand is exactly that, cash that is present in the office safe but not yet deposited to the bank I cannot imagine any personal allowance on a county budget
Answered by tro - Mon Nov 14 18:18:51 2011

What is the personal tax allowance of a person over 65 years of age still working on a self employed basis?
Q. He is also receiving state pension as well as a small private pension. Will all these need to be declared on his Tax Return for 2011/12?
Asked by fodigie2004 - Thu Nov 24 12:29:49 2011 - United Kingdom - 3 Answers - Comments

A. Over 65 - age related allowance MAY be fully applicable. The allowance is on a sliding scale depending on other income. The state pension must be included - page 3, other pensions and the tax associated go on the same page. Impossible to say what the allowance will be - that's what the on line calculator is for.
Answered by - Thu Nov 24 12:45:43 2011

How can I calculate the new personal allowance return? (UK)?
Q. I received an e-mail at work today stating that the untaxed income part (personal allowance) has been raised in London for the year 2008. Which means that with the next paycheck I will receive some money back for the months that were calculated according to the old rules, as well as having to pay a bit less tax in the following months. I would like to know how to calculate how much I will get back. Thanks :)
Asked by amyZ. - Thu Sep 4 17:44:34 2008 - United Kingdom - 3 Answers - Comments

A. It is unlikely you will receive a tax rebate, but your tax deduction should be PS60 less than normal if you are not a Higher Rate taxpayer. To ascertain the calculation, look at www.listentotaxman, ensuring you put in your correct current tax code number ( for most people, it is 543L). Then add 60 to it (perhaps new code then 603L) and redo. Take the difference between the two calculations, and that's how much better off you will be.
Answered by steffi - Thu Sep 4 18:42:16 2008

Personal Allowance Worksheet help line B?
Q. hello im 21 and im filling this out for my first job not married and have no kids. I'm not sure what to put for line B on the personal allowance worksheet though. it says i should put 1 if i am single and have only one job. so do i qualify if i put this job im about to be hired for? im not technically hired yet. thanks
Asked by Daniel G - Thu May 27 14:42:46 2010 - Personal Finance - 1 Answers - Comments

What happens to tax credits now they're raising the personal allowance?
Q.
Asked by charlie - Wed May 14 04:57:51 2008 - United Kingdom - 2 Answers - Comments

A. Weirdly Tax credits have absolutely nothing to do with Income Tax and consequently personal tax allowances, so the recent chnages will have no effect on your tax credits
Answered by DAVID M - Wed May 14 18:34:17 2008

Which income tax year would 65+ personal allowance be due.?
Q. I'm a female who will be 65 in September 2011 and would like to know which tax year the 65+ personal allowance will be due.
Asked by Heyes' Gal - Sun Oct 31 06:47:12 2010 - United Kingdom - 3 Answers - Comments

A. You will get it from the start of the tax year in which you reach 65. In your case, from April 2011.
Answered by BD - Sun Oct 31 07:20:06 2010

why doesn't my payslip show details of my personal tax allowance?
Q. I work as a nurse for the NHS, I was of the understanding that everyone can earn their first PS6000(approx) before paying tax but my payslip never shows any details of a personal tax allowance I am simply taxed on all of it, if I am earning PS21000 a year shouldn't I be paying tax on only PS15000 a year? or does this allowance only apply to self employed people?
Asked by Keith G - Thu May 13 11:17:59 2010 - United Kingdom - 7 Answers - Comments

A. Employer doesn't usually show actual personal allowance on anything he gives you, but your personal allowance is represented by your code number, and I would expect a public body to show that on payslips. As a nurse, you can claim tax relief on any professional subscriptions, plus a small allowance for shoes. Your code number therefore should be higher than the normal one of 647L. All UK citizens are entitled to the personal tax-free allowance of PS6475, irrespective of employment status. You can check form P60 against . If for any reason employer using a Basic Rate code, BR, contact tax office. Ask what information is needed to get you on right code, and for a review to be done for any refunds due.
Answered by steffi - Thu May 13 17:37:38 2010

personal allowance for self assessment (UK answers pls)?
Q. Hi, I am from UK. I received a letter from HMRC for tax calculation. Do you know from where I can check my personal allowance figure? is it P60, P45? I don't find the PA figure in any. I cross checked income in my P45 but cannot find the PA. Please advice. Thanks
Asked by - Wed Apr 13 14:18:25 2011 - United Kingdom - 3 Answers - Comments

A. Personal allowance for this tax year is PS7,475 from 6 April 2011. Code is likely to be 747L. If you are looking at last year, it was PS6,475, code 647L. The code should be on your P45 and P60 and on payslips. It could be different from the two codes above if, for example, you have under/overpaid tax in the past and a correction is being made via your tax code, or if (say) you have income from another source such as a pension or second job. Your personal allowance is the same in all cases, but the code can differ. Helpful explanation of codes on HMRC's website:
Answered by Jo W - Wed Apr 13 15:00:12 2011

Income Tax Question - Personal Allowance Higher Rate Tax?
Q. I am currently earning PS32k, and plan to carry on working. I am about to start receiving a previous company pension of PS14500 per year. This will take me into the higher rate tax bracket. I dont need the money although dont want to give it away either. Is there anything I can do to either increase my personal allowance or reduce my tax bill.
Asked by Tony The Tiger - Fri Mar 20 10:56:28 2009 - United Kingdom - 1 Answers - Comments

A. Unless you are over 65, your personal allowance will be the basic 6475 for the coming year. You could pay additional pension conts against your pay.
Answered by fengirl2 - Fri Mar 20 11:19:17 2009

my father is 69 years of age he is on the higher mobilty allowance his personal care needs have?
Q. increased what benefits is he entitled to?
Asked by chancer2002 - Mon Sep 6 13:37:12 2010 - Law & Ethics - 1 Answers - Comments

A. The ones he qualifies for. No info = no answer.
Answered by Butter Lips - Mon Sep 6 13:39:03 2010

Is it possible to transfer personal tax allowance from wife to husband?
Q. My wife when she retire will have a pension from her work plus state pension. However she will not use all her personal tax allowance
Asked by - Mon May 16 15:06:34 2011 - United Kingdom - 1 Answers - Comments

A. I think you should be able to. Have a read of this: And as always you should speak to a qualified adviser for personally tailored advice.
Answered by - Tue May 17 11:08:30 2011