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Good morning sir,
Sir will an individual who has zero total income, get 12500pounds personal allowance? As in does the HMRC send this money as relief to that person as an unemployment benefit or something?
thanks and appreciate!
I think you should have worked through the lectures and study notes on this issue as well (chapter 2) as this is not a question you should be asking having worked through that chapter.
The PA is a level of tax free income – it is not a payment made to a taxpayer! If you have no income or income of less than the PA then you have nil taxable income and pay no tax to HMRC – any unused PA of a tax year is lost – as I say in the lecture about the PA – “use it or lose it”!
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