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 financial fall-out from Donald Trump's war on Iran is rapidly changing the global outlook. It has rendered Rachel Reeves' Spring Statement irrelevant.

War threat to rate cuts: Iran fallout threatens to strangle any green shoots of recovery, says ALEX BRUMMER
04/03/2026 05:00 PM

Borrowers were last night warned they face higher mortgage costs on top of soaring energy bills as war rages in the Middle East.

Interest rates 'to climb above 4%':  Soaring energy prices fuel fears of fresh inflation shock
04/03/2026 05:00 PM

The company was expected to announce its plans to float this month but now may move this to after Easter, according to the Financial Times.

Setback for City as online travel agent Loveholidays delays £1bn float as Iran war sparks market turmoil
04/03/2026 05:00 PM