Changes to UK Income Tax Allowances in 2017
The UK Spring Budget 2017 speech announced the following changes that affect UK Income Tax Allowances.
The tax-free dividend allowance is being reduced from £5,000 to £2,000 with effect from April 2018.
There is a further increase of £4,760 to the annual ISA allowance, raising that to £20,000.
Personal Income Tax Threshold Allowance
The Personal Allowance is rising to £11,500, from £11,000, in April 2017.