Income tax threshold
The income tax threshold is the income level at which a person begins paying income taxes. The income tax threshold equates to the:
- Personal allowance in the UK, which is £12,500 for 2019/20.
- Basic allowance in Germany, which is €9,408 in 2020.
- 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.
- Tax-free threshold in Australia, which was A$18,200 in 2012-13.
- Tax-free threshold in Greece, which was €9,545 in 2016.
- Tax-free threshold in Poland is 6600 PLN in 2018. Above 6600 PLN the tax-free becomes "tax-reduction" and decreases progressively