personal allowance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “personal allowance” in the English Dictionary

"personal allowance" in Business English

See all translations

personal allowancenoun [C]

uk   us   UK ( US personal exemption)
TAX the ​amount of ​income you can ​earn each ​year before ​payingtax: If your ​totalincome is more than the ​personalallowance, you will have to ​paytax on the difference.
(Definition of personal allowance from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “personal allowance”
in Chinese (Simplified) (开始缴纳所得税前的)个人收入免税额…
in Chinese (Traditional) (開始繳納所得稅前的)個人收入免稅額…
What is the pronunciation of personal allowance?
Add Cambridge dictionaries to your browser to your website

More meanings of “personal allowance”

Word of the Day

fire-eater

a performer who entertains people by seeming to swallow flames

Word of the Day

PLEASE DON’T SHOUT!
PLEASE DON’T SHOUT!
by Colin McIntosh,
February 09, 2016
New words are entering the language all the time. A few of these are completely new and original coinages, but the vast majority are based on the existing stock of words in some way, for example by using affixes (prefixes and suffixes). These can have the effect of changing the meaning of the

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More