Home Guides UK tax rates and thresholds 2026/27 Pay & tax guide
UK tax rates and thresholds 2026/27 Every main rate and threshold for the 2026/27 tax year, from 6 April 2026 to 5 April 2027, each linked to its official source and to a calculator.
At a glance Personal Allowance: £12,570. Income Tax at 20%, 40% and 45% in England, Wales and Northern Ireland.National Insurance: 8% and 2% for employees; 15% for employers above £5,000.Stamp duty in England starts at £125,000 , or £300,000 for first-time buyers.Full new State Pension: £241.30 a week. Income Tax England, Wales and Northern Ireland Band Income Rate Personal Allowance Up to £12,570 0% Basic rate £12,571 to £50,270 20% Higher rate £50,271 to £125,140 40% Additional rate Over £125,140 45%
Scotland (earnings and pensions) Band Income Rate Personal Allowance Up to £12,570 0% Starter rate £12,571 to £16,537 19% Basic rate £16,538 to £29,526 20% Intermediate rate £29,527 to £43,662 21% Higher rate £43,663 to £75,000 42% Advanced rate £75,001 to £125,140 45% Top rate Over £125,140 48%
See how Income Tax bands work , or use the take-home pay calculator .
Allowances Personal Allowance £12,570 Allowance reduced by £1 for every £2 of adjusted net income over £100,000 Allowance gone completely at £125,140 Marriage Allowance (transferable to a spouse or civil partner) £1,260 Blind Person's Allowance £3,250
Income Tax calculator
National Insurance (employees, Class 1) Lower earnings limit (counts for State Pension) £6,708 a year (£129.00 a week) Primary threshold: you start paying above £12,570 a year Main rate, up to £50,270 8% Rate above £50,270 2% Reduced rate (category B) 1.85%
National Insurance guide
National Insurance (employers) Employer rate 15% Secondary threshold: employer pays above £5,000 a year Threshold for under-21s, apprentices under 25 and veterans £50,270 a year Class 1A on benefits in kind 15%
Student loan repayment thresholds Plan 1 9% above £26,900 a year Plan 2 9% above £29,385 a year Plan 4 9% above £33,795 a year Plan 5 9% above £25,000 a year Postgraduate Loan 6% above £21,000 a year
Student loan repayment calculator
Savings and dividends Personal Savings Allowance: basic-rate taxpayer £1,000 Personal Savings Allowance: higher-rate taxpayer £500 Personal Savings Allowance: additional-rate taxpayer £0 Starting rate for savings (0%), up to £5,000 Dividend allowance £500 Dividend tax: basic, higher and additional rate 10.75%, 35.75%, 39.35% ISA allowance £20,000
Savings calculator
Capital Gains Tax Annual exempt amount £3,000 Basic rate 18% Higher and additional rate 24% Business Asset Disposal Relief rate 18%
Capital Gains Tax calculator
Statutory pay Statutory Maternity Pay: first 6 weeks 90% of average weekly earnings Statutory Maternity Pay: remaining 33 weeks £194.32 a week, or 90% of earnings if lower Statutory Paternity Pay £194.32 a week, or 90% of earnings if lower Statutory Sick Pay £123.25 a week, or 80% of earnings if lower
Maternity pay calculator
Pensions and benefits Full new State Pension £241.30 a week (£12,547.60 a year) Qualifying years for the full amount (minimum for any) 35 (10) Auto-enrolment minimum: employee and employer 5% and 3% of qualifying earnings Qualifying earnings band £6,240 to £50,270 Tax-free lump sum from a pension 25% Child Benefit: eldest child and each other child £27.05 and £17.90 a week High Income Child Benefit Charge starts at £60,000
Pension calculator
VAT Standard rate 20% Reduced rate 5%
VAT calculator
Vehicles Vehicle tax standard rate (cars registered from April 2017) £200 a year Expensive car supplement, for 5 years £440 a year Expensive car threshold: petrol and diesel, electric £40,000, £50,000 Company car benefit: zero-emission cars 4% Company car benefit: highest rate 37%
Vehicle tax calculator
Stamp duty (England and Northern Ireland) Part of the price Rate £0 to £125,000 0% £125,000 to £250,000 2% £250,000 to £925,000 5% £925,000 to £1,500,000 10% Over £1,500,000 12%
First-time buyers pay nothing up to £300,000 on homes up to £500,000. Additional homes pay 5% more on every band. Scotland and Wales have their own taxes: see stamp duty across the UK .
Bottom line Every figure on this page comes from the same file our calculators use, so the page and the calculators always agree. If HMRC changes a figure, both change together.
This guide explains the rules; it is not personal financial advice.
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Guides and help Our guides Official services and free advice These results are an estimate, not financial advice. They use the 2026/27 rates in force on 24 October 2026 and the inputs shown, so your actual tax, pay or costs may differ. Before making a decision about your money, check the figures with HMRC or your provider, or speak to a regulated financial adviser. Free, impartial guidance is available from MoneyHelper.
This page explains the rules using the 2026/27 rates in force on 24 October 2026. It is general information, not financial advice. For decisions about your own money, speak to a regulated financial adviser, or get free, impartial guidance from MoneyHelper.
