True or False: A child does not receive their personal allowance until they are 18 years old.

The statement is false because a child can receive their personal allowance before turning 18. In the UK tax system, individuals, including children, are entitled to a personal allowance starting from when they have taxable income, regardless of their age. The personal allowance allows individuals to earn a certain amount of income without paying tax, and it can begin to be utilized from the age of 16 if the child has income that exceeds the threshold.

The personal allowance is not dependent on parental income but rather based on the individual's own income level. As long as a child earns income through employment or other taxable means, they can benefit from their personal allowance even if they are below 18 years of age. This is an important consideration in tax planning, especially for families with working children.