Rates
Rates and allowances 2025/26 6 April 2025 to 5 April 2026. Figures last checked between 7 November 2026 and 8 November 2026. 12 figures are not yet set and are shown as such.
This is not the current tax year. The tools use 2026/27 by default; this page is here for returns, comparisons and planning.
Next scheduled change: 6 April 2026. New tax year 2026/27: the Scottish starter and basic rate thresholds rose, student loan thresholds rose, dividend rates rose to 10.75% and 35.75%, and statutory sick pay became payable at the lower of £123.25 and 80% of average weekly earnings.
Income tax bands by nation Income tax National Insurance Student loans Child benefit Statutory pay ISAs State Pension What changed from the previous year Income tax bands by nation England and Northern Ireland Band Taxable income Rate Source Checked Status Basic rate £0 to £37,700 20% gov.uk 7 November 2026 In force Higher rate £37,701 to £125,140 40% gov.uk 7 November 2026 In force Additional rate Over £125,140 45% gov.uk 7 November 2026 In force
Taxable income is pay above the personal allowance. The band limits do not change with the allowance; the gross pay at which each starts does.
Scotland Band Taxable income Rate Source Checked Status Starter rate £0 to £2,827 19% gov.uk 7 November 2026 In force Basic rate £2,828 to £14,921 20% gov.uk 7 November 2026 In force Intermediate rate £14,922 to £31,092 21% gov.uk 7 November 2026 In force Higher rate £31,093 to £62,430 42% gov.uk 7 November 2026 In force Advanced rate £62,431 to £125,140 45% gov.uk 7 November 2026 In force Top rate Over £125,140 48% gov.uk 7 November 2026 In force
Taxable income is pay above the personal allowance. The band limits do not change with the allowance; the gross pay at which each starts does.
Wales Band Taxable income Rate Source Checked Status Basic rate £0 to £37,700 20% gov.uk 7 November 2026 In force Higher rate £37,701 to £125,140 40% gov.uk 7 November 2026 In force Additional rate Over £125,140 45% gov.uk 7 November 2026 In force
Taxable income is pay above the personal allowance. The band limits do not change with the allowance; the gross pay at which each starts does.
Income tax Figure Value Source Checked Status Personal allowance £12,570 gov.uk 7 November 2026 In force Income limit for the personal allowance £100,000 gov.uk 7 November 2026 In force Allowance lost per £1 of income above the limit 50% gov.uk 7 November 2026 In force. £1 of allowance lost for every £2 of adjusted net income above the taper start Marriage allowance transfer £1,260 gov.uk 7 November 2026 In force Starting rate for savings £5,000 gov.uk 7 November 2026 In force Starting rate for savings: other income limit £17,570 gov.uk 7 November 2026 In force Personal savings allowance, basic rate £1,000 gov.uk 7 November 2026 In force Personal savings allowance, higher rate £500 gov.uk 7 November 2026 In force Personal savings allowance, additional rate £0 gov.uk 7 November 2026 In force Savings basic rate 20% gov.uk 7 November 2026 In force Savings higher rate 40% gov.uk 7 November 2026 In force Savings additional rate 45% gov.uk 7 November 2026 In force Property income basic rate 20% gov.uk 7 November 2026 In force. Property income is charged at the main rates in 2025/26 Property income higher rate 40% gov.uk 7 November 2026 In force Property income additional rate 45% gov.uk 7 November 2026 In force Dividend allowance £500 gov.uk 7 November 2026 In force Dividend ordinary rate 8.75% gov.uk 7 November 2026 In force Dividend upper rate 33.75% gov.uk 7 November 2026 In force Dividend additional rate 39.35% gov.uk 7 November 2026 In force Trading allowance £1,000 gov.uk 7 November 2026 In force Property allowance £1,000 gov.uk 8 November 2026 In force. The first £1,000 of property income is tax free; it cannot be used together with expenses
National Insurance Figure Value Source Checked Status Employee main rate 8% gov.uk 7 November 2026 In force Employee rate above the upper earnings limit 2% gov.uk 7 November 2026 In force Lower earnings limit £6,500 gov.uk 7 November 2026 In force Primary threshold £12,570 gov.uk 7 November 2026 In force Upper earnings limit £50,270 gov.uk 7 November 2026 In force Employer rate 15% gov.uk 7 November 2026 In force Secondary threshold £5,000 gov.uk 7 November 2026 In force Employment allowance £10,500 gov.uk 7 November 2026 In force Class 2, weekly Not set Not yet set. Not read from a gov.uk page yet. The self-employed rates page shows the current year only. Small profits threshold Not set Not yet set. Not read from a gov.uk page yet. Class 4 lower profits limit Not set Not yet set. Not read from a gov.uk page yet. Class 4 upper profits limit Not set Not yet set. Not read from a gov.uk page yet. Class 4 main rate Not set Not yet set. Not read from a gov.uk page yet. Class 4 rate above the upper profits limit Not set Not yet set. Not read from a gov.uk page yet.
Student loans Figure Value Source Checked Status Plan 1 threshold £26,065 gov.uk 7 November 2026 In force Plan 1 rate 9% gov.uk 7 November 2026 In force Plan 2 threshold £28,470 gov.uk 7 November 2026 In force Plan 2 rate 9% gov.uk 7 November 2026 In force Plan 4 threshold £32,745 gov.uk 7 November 2026 In force Plan 4 rate 9% gov.uk 7 November 2026 In force Plan 5 threshold Not set Not yet set. Plan 5 repayments were not collected in 2025/26; the first Plan 5 repayments were due from April 2026. Plan 5 rate Not set Not yet set. See threshold. Postgraduate loan threshold £21,000 gov.uk 7 November 2026 In force Postgraduate loan rate 6% gov.uk 7 November 2026 In force
Child benefit Figure Value Source Checked Status High income child benefit charge starts £60,000 gov.uk 7 November 2026 In force Charge reaches 100% £80,000 gov.uk 7 November 2026 In force Income per 1% of charge £200 gov.uk 7 November 2026 In force Child benefit, eldest or only child, weekly Not set Not yet set. The gov.uk rates page shows the current year only. Child benefit, each additional child, weekly Not set Not yet set. The gov.uk rates page shows the current year only.
Statutory pay Figure Value Source Checked Status Statutory sick pay, weekly £118.75 gov.uk 7 November 2026 In force Statutory sick pay, share of average weekly earnings if lower Not set Not yet set. The 80% of average weekly earnings rule began on 6 April 2026 and did not apply in 2025/26. Statutory sick pay, maximum weeks 28 gov.uk 7 November 2026 In force
ISAs Figure Value Source Checked Status ISA annual limit Not set Not yet set. The 2025/26 ISA limit has not been read from a 2025/26 gov.uk page.
State Pension Figure Value Source Checked Status Full new State Pension, weekly £230.25 gov.uk 8 November 2026 In force. Full rate of the new State Pension, 2025 to 2026
What changed from the previous year No earlier year is recorded to compare against.
A value in this file last changed on 9 November 2026. Re-verifying a value does not count as a change.
This page is rendered from the rules file for 2025/26 , open data under CC BY 4.0. The methodology explains the status words and how values are verified.
Other years: 2026/27 , 2027/28 .