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Income level at which a person begins paying income taxes
The income tax threshold is the income level at which a person begins paying
income taxes.
[1] The income tax threshold equates to the:
-
Personal allowance in the UK, which is £12,500 for 2019/20.
[2]
- Basic allowance in Germany, which is €9,408 in 2020.
[3]
- Income tax threshold in France, which was €6,088 in 2012.
- The
standard deduction in the US, which was $12,000 in 2018 for a single person.
- Basic personal amount in Canada, which was C$11,809 in 2018.
[4]
- Tax-free threshold in Australia, which was A$18,200 in 2023–24.
[5]
[6]
- Tax-free threshold in Greece, which was €9,545 in 2016.
[7]
- Tax-free threshold in Poland is 30000 PLN in 2022.
[8]
See also
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