UK Taxpayers Can Shelter £18,570 from Income Tax Through Three Allowances
UK taxpayers with low or no earned income can combine three statutory allowances—the Personal Allowance (£12,570), Starting Rate for Savings (£5,000), and Personal Savings Allowance (£1,000)—to legally shelter up to £18,570 from income tax as of October 2026. The Personal Allowance remains frozen through 2027–28.