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 was £8,105 in 2012–13 and £9,440 in 2013-14.23
- Basic allowance in Germany, which was €8,004 in 2012.
- Income tax threshold in France, which was €6,088 in 2012.
- Sum of the standard deduction and personal exemption in the US, which was $9,750 in 2012 for a single person.4
- Basic personal amount in Canada, which was C$10,822 in 2012.5
- Tax-free threshold in Australia, which was A$18,200 in 2012-13.67
- Tax-free threshold in Greece, which was €5,000 in 2012.8
- Tax-free threshold in Poland, which was €736 in 2013 (equivalent to $1,007). 9
- Minimum wage in israel, which was ₪ 4,700 in 2012 (equivalent to $1,334).