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personal allowance

   Also found in: Legal, Wikipedia 0.01 sec.
Translations
personal allowance n (Tax) → quota non imponibile


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In addition the withdrawal of the personal allowance means that taxpayers earning between pounds 100,000 and pounds 113,000 will face a 60% marginal tax rate.
Mr Clegg said the Lib Dems would fight the next general election on a promise to raise the income tax personal allowance to Au10,000 - cutting tax bills by Au700-a-year for people on low and middle incomes.
COVENTRY City Council's Conservative leaders have called on the Government to consider plans to abolish income tax on savings and raise pensioners' personal allowance.
 
 
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