UK Personal Allowance – A Guide for Non-Residents
Most people in the UK receive a tax-free Personal Allowance, which is currently set at £12,570 for the tax year 2024/25 (frozen until April 2028). Individuals who qualify for this allowance do not have to pay tax on their income if it remains below this threshold. However, the Personal Allowance of £12,570 decreases if income exceeds £100,000. For every £2 earned over £100,000, £1 of the tax-free Personal Allowance is lost. This results in the allowance being fully withdrawn at an income level of £125,140.
Read More:- https://www.taxd.co.uk/blog/uk....-personal-allowance-