Dear Sir,
The personal allowance figure used in exam notes is of previous year. In current tax year, it is GBP 12,570.
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Personal Allowance for 2021-2022 GBP 12,570
5y agoSorry, I am not the tutor but just thought I could assist
The exam is based on the financial tax year 2020/21 and so the personal allowance is still 12500
Kish is correct - use only the material produced for this exam which is based on FA 2020 and is relevant through to the March 2022 exam
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