Meaning of “personal allowance” in the English Dictionary

business-english dictionary

(Definition of “personal allowance” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"personal allowance" in Business English

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personal allowancenoun [ C ]

uk us UK US personal exemption

TAX the amount of income you can earn each year before paying tax:

If your total income is more than the personal allowance, you will have to pay tax on the difference.

(Definition of “personal allowance” from the Cambridge Business English Dictionary © Cambridge University Press)