This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Split Year - UK Personal Allowance

RAYSTAX2000
Posts: 2
Joined: Sun Jun 28, 2020 8:16 am

Split Year - UK Personal Allowance

Postby RAYSTAX2000 » Sun Jun 28, 2020 8:24 am

Hi,

I am returning to the UK and will need to Split my Tax Year for 2020/2021. I've been working abroad for 3 full years and am coming back in October 2020.

My question is: As I'll have 6 months in the UK, does my Personal Allowance of £12,500 get split as well, so it'll be £6,250? or does HMRC apply a differenct rule/calculation.

Many thanks,

Raymond

darthblingbling
Posts: 346
Joined: Wed Aug 02, 2017 9:09 pm

Re: Split Year - UK Personal Allowance

Postby darthblingbling » Sun Jun 28, 2020 1:05 pm

If your resident then you get a full PA, even if you also split the year.

RAYSTAX2000
Posts: 2
Joined: Sun Jun 28, 2020 8:16 am

Re: Split Year - UK Personal Allowance

Postby RAYSTAX2000 » Mon Jun 29, 2020 4:44 am

Thank you for the reply darthblingbling... much appreciated 8-)


Return to “Income Tax”