English version

personal allowance

From Longman Dictionary of Contemporary English
Related topics: Tax
personal allowanceˌpersonal alˈlowance noun [countable]  British EnglishPET the amount of money that you can earn each year before you must pay income tax
Examples from the Corpus
personal allowanceUnder this there will be a basic personal allowance topped up by premiums for certain groups.As with the personal allowance, older people enjoy a more generous married couple's allowance.But however large your income, your personal allowance can never be reduced below the basic personal allowance.
From Longman Business Dictionarypersonal allowanceˈpersonal alˌlowance [countable] British EnglishTAX the amount of income that each person can earn each year without paying tax on it SYN personal exemption allowance
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