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 was £9,440 in 2013-14 and £10,000 in 2014-15, the highest in the G7.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.Basic personal amount in Canada, which was C$10,822 in 2012.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, which was €736 in 2013 (equivalent to $1,007). Minimum wage in Israel, which is ₪4,825/month (but from December 2017 will be ₪5,300/month).