Tag Archive: tax rates

Personal Tax Changes for 2021/22: Your essential guide

Posted 4th May 2021 at 11:32 am

personal tax

In this blog, we outline the key personal tax changes that you need to know about for the tax year 2021/22. Look out for our next blogs detailing the changes to other types of tax this tax year.   Income Tax Allowances, Rates & Thresholds The Personal Allowance has been frozen for five years, remaining at £12,570 until April 2026. (Apart from those whose adjusted net income exceeds £125,140, who are not eligible for the personal allowance). The Married Couple’s Allowance has been increased to £9,125 for 2021/22. To be eligible for this allowance, one spouse or civil partner must... Read more