Question 2

What are the current allowances?

2005/2006 2006/2007
Personal allowance (age under 65) £4,895 £5,035
Personal allowance (age 65-74) £7,090 £7,280
Personal allowance (age 75 and over) £7,220 £7,420
Age income limit £19,500 £20,100

Bird Semple - Private Client Solicitors

21 Blythswood Square, Glasgow, G2 4BL  Scotland
Tel: 0141 304 3434   Fax: 0141 304 0004   E-mail: enquiries@bsemple.com


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