On Air Early Breakfast Chris Quirk | 5:00am - 7:30am

We're Jointly Assessed

We're Jointly Assessed:

  • The lower rate of income tax remains at 10% and the higher rate at 20%
  • The threshold up to which the lower tax applies remains at £13,000
  • The personal allowance is increasing by £500 to £29,000
  • Allowances are fully transferable between spouses or civil partners whilst the couple are living together