Glossary · Tax
Personal Allowance
Last reviewed:
Definition: The amount of income you can earn before paying Income Tax — £12,570 for 2026/27, frozen until April 2028.
Tapered above £100,000 of adjusted net income by £1 for every £2, disappearing completely at £125,140 (the '60% trap'). Different rules apply to non-residents. The allowance is the same across the UK.
Primary source: gov.uk/income-tax-rates