Follow invidion on Twitter
 
 

Personal Allowance Calculator - work out the whether your personal allowance will be restricted.

 

Click here to launch the calculator

The purpose of this calculator is work out whether your personal allowance will be restricted due to the changes that came into effect on 06/04/2010.

 
From that date, the personal allowance will be restricted for those earning over £100,000 per annum. Anybody earning less than this will contain to receive the full allowance.
 
The levels of allowance are currently:
 
Aged Under 65:
£12,570.00
 
Aged 65-74:
£12,570.00
 
Aged 75 or over:
£12,570.00
 
 
For every £2 of income that exceeds £100,000, the personal allowance will be reduced by £1
 
For those earning £125,140 or more, the personal allowance will be reduced to zero and all income will be taxable.
 
The figures projected by this calculator are only for guidance purposes - whilst we aim to ensure the accuracy of our calculators, we can take no responsibility for the usage made of the calculations generated on this site.
 
 
 
 
 

Recent Financial Topics

 

The day began with a rant about the cost of Christmas. 'Why do we need such a big turkey when there will only be six of us?,' I asked my wife.

I signed up for this 'Martin Lewis' investment ad that promised it could help me retire. A courteous customer services man immediately called. Then it turned sinister...
28/12/2025 11:22 AM

Analysis of Driver and Vehicle Licensing Agency (DVLA) records found their numbers have dwindled - in some cases to double-digit figures.

Only handful of classic 1990s cars still on Britain's roads as Metros, Orions and Cavaliers disappear
28/12/2025 11:09 AM

Personalised registration plates have been sold for record numbers in 2025 with one being sold for almost a million pounds, new figures show. 

Revealed: The record sums being paid for personalised novelty number plates - with 1 F selling for £936,000
28/12/2025 11:02 AM