Main Income Tax reliefs

	2009/2010	2010/2011
Personal allowance Income limit for Personal Allowance	£6,475 N/A	£6,475 £100,000
Personal allowance (65 -74)	9,490	9,490
Personal Allowance (75+)	9,640	9,640
Blind person's allowance	1,890	1,890

Pensioner married couples allowance

A higher married couples allowance is still available if either spouse or civil partner is aged 75 or over.

Child Tax Credit

The child tax credit is meant to support families with children and can be claimed if you have responsibility for a child. The credit, which can be claimed in addition to any child benefit or working tax credit, is available for the support of:

a child until 1st September following their 16th birthday
a person aged 16 – 18 who
- is in full time education, up to and inclusive of A levels or their equivalent (NVQ3/Scottish Highers); or
- if not in education has no job/training place and has registered with the Careers or Connexions Service

Working tax credit

The working tax credit is available as a top up for individuals in low paid jobs, with additional payments being available for working households in which an individual has a severe disability.
In general, a qualifying individual is:

aged 16 or over, works 16 hours a week and is responsible for a child; or
aged 25 or over and works at least 30 hours a week; or
aged 16 and over, has a disability that puts him at a disadvantage in getting a job and works at least 16 hours a week; or
the individual or their partner is aged over 50 and is returning to work for at least 16 hours a week after time spent on qualifying benefits

	2009/10	2010/11
Individual Savings Account annual limit Individual Savings Account annual limit (born before 5 April 1960)	£7,200 (cash element £3,600) N/A	£7,200 (cash element £3,600) £10,200 (cash element £5,100)
Rent a room exemption	4,250	4,250
Enterprise Investment Scheme annual limit*	500,000	500,000
Venture Capital Trust annual limit*	200,000	200,000
*Relief restricted to 30%

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