Is the First £16k of Earnings Tax-Free in the UK? Unlocking the Truth About Your Personal Allowance: A Complete Guide Getting a grip on your tax-free earnings is really the foundation of personal finance in the UK. A question that often pops up for both employees and the self-employed is: "Is the first £16k tax-free?" This is a common misunderstanding, probably stemming from a mix of the standard Personal Allowance, savings bands, and some outdated tax thresholds. As we head