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personal allowance

  1. J

    Income tax: Erosion of Personal Allowance for incomes over £100k

    Hi, I just found out that the HMRC Personal Allowance gets reduced by £1 for each additional £2 of income over £100k until you end up with a Personal Allowance of zero for earnings over £122k: https://www.ft.com/content/622ff86c-d16e-11e5-92a1-c5e23ef99c77...
  2. M

    Salary / Bonus Query

    I started my contract in Nov. Was a permie before. As I have earned more than 40% limit for this year in my prev job, have not been paying myself any salary or dividend. My spouse is not working and is a shareholder and employee of our limited. Through our limited, she is getting £583 / month...

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