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over 65's tax allowances

Did the Chancellor make any reference as to whether the age allowance this year at £9940 will be incresaed in 2012/13?

Comments

  • stilernin
    stilernin Posts: 1,217 Forumite
    hansi wrote: »
    Did the Chancellor make any reference as to whether the age allowance this year at £9940 will be incresaed in 2012/13?

    I was wondering this myself. I had a quick look on Age UK's website, but nothing was mentioned. Did it go up last time? I have a few years to go yet, but it is already on my radar. Just like the rubbish interest rates.
  • RichandJ
    RichandJ Posts: 1,087 Forumite
    edited 24 March 2011 at 8:17AM
    Today's Telegraph has a figure of £10,390 for 2012/13 on page B10 of their budget supplement.

    Now at work, so can post full details:

    2010/11 £9,490
    2011/12 £9,940
    2012/13 £10,390
    It only takes one tree to make a thousand matches, it only takes one match to burn a thousand trees. As well, the cars are all passing me, bright lights are flashing me.

    Johnny Was. Once.

    Why did he think "systolic" ?
  • hansi
    hansi Posts: 3,001 Forumite
    Part of the Furniture 1,000 Posts
    Thank you Richard:beer:
  • JohnB47
    JohnB47 Posts: 2,697 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    And the income limit (currently £22,900)? Any increase in that announced in this or next financial year? Thanks.
  • Today's Telegraph has a figure of £10,390 for 2012/13 on page B10 of their budget supplement.

    Now at work, so can post full details:

    2010/11 £9,490
    2011/12 £9,940
    2012/13 £10,390


    You would'nt know what the figures are for someone over 75 would you / anyone

    :question:
  • RichandJ
    RichandJ Posts: 1,087 Forumite
    Today's Telegraph has a figure of £10,390 for 2012/13 on page B10 of their budget supplement.

    Now at work, so can post full details:

    2010/11 £9,490
    2011/12 £9,940
    2012/13 £10,390


    You would'nt know what the figures are for someone over 75 would you / anyone

    :question:

    Most can be found here:

    http://www.hmrc.gov.uk/rates/it.htm

    But for ease of reference:

    Tax Year
    2010/11, 65-74 - £9,490, 75+ - £9,640, Income Limit - £22,900
    2011/12, 65-74 - £9,940, 75+ - £10,090, Income Limit - £24,000
    2012/13, 65-74 - £10,390, 75+ - £10,550, Income Limit - £25,100

    The 12/13 figures are from the Telegraph, can't see them on the HMRC site.
    It only takes one tree to make a thousand matches, it only takes one match to burn a thousand trees. As well, the cars are all passing me, bright lights are flashing me.

    Johnny Was. Once.

    Why did he think "systolic" ?
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