Start of new tax year

Start of new tax year.

Residence nil-rate band

Residence nil-rate band rises from £125,000 to £150,000.

Marriage allowance

Marriage allowance rises to £1,190.

Higher-rate threshold

Higher-rate income tax threshold increases in England, Wales and Northern Ireland from £46,350 to £50,000.

Personal allowance

Personal allowance increases from £11,850 to £12,500 throughout the UK.