tax allowance

Frequency: 8.518.2 per million words

The amount of income you can earn before you have to pay tax.

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Examples (10)

  • Everyone has a personal tax allowance, which is the amount of income they can earn tax-free each year.
  • Do you know what the current personal tax allowance is for this fiscal year?
  • My monthly pay increased slightly because the government raised the tax allowance.
  • Married couples may be eligible for a special marriage tax allowance.
  • You should check if you can claim additional tax allowances for work-related expenses.
  • The new budget will introduce changes to the tax allowance system.
  • If your income is below the personal tax allowance, you won't need to pay any income tax.
  • Understanding your tax allowance is crucial for managing your finances.
  • As a freelancer, I need to carefully calculate my earnings against my tax allowance.
  • Any unused portion of your tax allowance cannot be carried over to the next year.