To provide a polarizing plate with a phase difference layer which is thin, and is excellent in handling property and optical characteristics.SOLUTION: A polarizing plate with a phase difference layer according to the present invention includes: a polarizing plate having a polarizing film and a protective layer on at least one side of the polarizing film; and a phase difference layer. The polarizing film is formed of a polyvinyl alcohol-based resin film containing a dichroic substance, and has a thickness of not larger than 8 micro m, a single layer transmittance of 43.0 percent or more, and a polarization degree of 99.980 percent or more. The phase difference layer is an alignment fixed layer of a liquid crystal compound.SELECTED DRAWING: Figure 1

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