personal allowance Definition in the Cambridge English Dictionary Cambridge dictionaries logo

Definition of “personal allowance” - English Dictionary

"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 ​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…
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