|
2006/07 |
Personal allowance (reduces taxable income) |
Age under 65 |
£5,035 |
Age 65-74 |
£7,280 |
Age 75 and over |
£7,420 |
Married couple's allowance (reduces tax) |
At least one spouse born before 6 April 1935 and elder spouse aged to 74 |
£606.50 |
Elder spouse aged 75 and over |
£613.50 |
Minimum amount |
£235.00 |
Income limit for age-related allowances |
£20,100 |