How Much Is The Standard Deduction For 2024 Uk . The personal allowance reduces where the income is above £100,000 — by £1 for every £2 of income above the. Rules common to income support, jobseeker’s allowance, employment and support allowance, pension credit and housing benefit unless stated.
The standard deduction, also known as personal allowance, is £12,570 for the 2024/25 tax year in the uk. This amount may differ if you claim an allowance and will be less if you earn over a certain amount.
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