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
Pictures of the day
Do you know what each of these is called?
Click on the pictures to check.