Tax Rebates & Refunds

All you need to know about income tax allowances pt.2

October 24, 2012
Posted in Income Tax — Written by Jennifer

An income tax allowance is the amount you can earn before you start paying income tax on your earnings. Some people may be eligible for some allowances without realising it, leading to them having to claim tax rebates later on.

In the first part of this guide, we looked at the two main types of income tax allowance – Personal Allowance and Married Couple’s Allowance. Now let’s look at a few more types of income tax allowance you may be eligible for.

Blind Person’s Allowance

People who have been certified blind may be able to claim Blind Person’s Allowance, which is similar to Personal Allowance, but only if they meet certain conditions. The person must be on a local authority register of blind persons, or if they live in Scotland or Northern Ireland, must be unable to perform work for which eyesight is essential.

Allowance for Maintenance Payments

People who make maintenance payments to their ex spouses or civil partners may be eligible for an allowance which could help them to reduce their tax bill. However, the person must meet certain criteria to successfully claim Maintenance Payments relief (consult the HMRC website for more details).

See pt.3 of this guide for details of other types of income tax allowance and tax relief.

No Comments (Leave comment »)

No comments yet.

Comment RSS | TrackBack URL

Leave a comment