NEWS
March 14, 2017
| Main personal allowances and reliefs | 16/17 | 17/18 |
| £ | £ | |
| Personal (basic) | 11,000 | 11,500 |
| Personal reduced by £1 for every £2 of net income over | 100,000 | 100,000 |
| Marriage / civil partners’ transferable allowance | 1,100 | 1,150 |
| Married couples’ / civil partners’ allowance at 10%* – maximum (if at least one born before 6/4/35) – minimum | 8,355 3,220 | 8,445 3,260 |
| Blind person’s allowance | 2,290 | 2,320 |
| Rent-a-room tax-free income | 7,500 | 7,500 |
| *Reduced by £1 for every £2 of income over £28,000 (£27,700 2016/17), until minimum reached. |
| Non-domicile remittance basis charge after UK residence in at least: | 16/17 | 17/18 |
| 7 of the last 9 tax years 12 of the last 14 tax years 17 of the last 20 tax years | £30,000 £60,000 £90,000 | £30,000 £60,000 N/A |
PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in this document.
West London
3 Brook Business Centre,
Cowley Mill Road,
Uxbridge, UB8 2FX
T +44 (0) 1895 256423
East London
Leytonstone House,
Leytonstone,
London, E11 1GA
London, E11 1GA
T +44 (0) 20 8988 6100
South London
Charles Lake House, Claire Causeway, Crossways Business Park, Dartford DA2 6QA
T +44 (0) 1322 275335
London Bridge
1st Floor,
73–81 Southwark Bridge Road,
London, SE1 0NQ
73–81 Southwark Bridge Road,
London, SE1 0NQ
T +44 (0) 20 3814 9990
City London
46 New Broad Street,
London, EC2M 1JH
London, EC2M 1JH
T +44 (0) 20 3890 7360
We believe we are more than just your average accountancy firm. Our goal at Barnes Roffe is to engage our clients through a proactive relationship, which provides you with the resources and tools you need to enable you to take charge of your finances with confidence.
Tax news, audit news and any new accounting news ... with the help of our topical tips, blogs and key guides you can enjoy the benefit of being regularly informed of business and accounting updates which are likely to be relevant to you and your business.
PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in these documents.
