UK Tax Rates 2026/27 | Complete Summary & Quick Reference

All UK tax rates and thresholds for 2026/27 in one place. Income tax, NI, dividend tax, CGT, corporation tax, VAT and more. Bookmark this quick reference guide.

Waqas Sagar
25 May 2026
8 min read

UK Tax Rates 2026/27: Quick Reference

All the key tax rates and thresholds for the 2026/27 tax year (6 April 2026 - 5 April 2027).


Income Tax Rates

BandTaxable IncomeRate
Personal Allowance£0 - £12,5700%
Basic Rate£12,571 - £50,27020%
Higher Rate£50,271 - £125,14040%
Additional RateOver £125,14045%

National Insurance

Employee (Class 1)

EarningsRate
£0 - £12,5700%
£12,571 - £50,2708%
Over £50,2702%

Employer (Class 1)

EarningsRate
£0 - £5,0000%
Over £5,00013.8%

Self-Employed (Class 4)

ProfitsRate
£0 - £12,5700%
£12,571 - £50,2706%
Over £50,2702%

Dividend Tax

BandRate
Dividend Allowance£500 at 0%
Basic Rate8.75%
Higher Rate33.75%
Additional Rate39.35%

Capital Gains Tax

Asset TypeBasic RateHigher Rate
Most assets10%20%
Residential property18%24%

Annual Exempt Amount: £3,000


Corporation Tax

ProfitsRate
Under £50,00019%
£50,000 - £250,00019-25% (marginal)
Over £250,00025%

VAT Rates

TypeRate
Standard20%
Reduced5%
Zero0%

Registration threshold: £90,000


Inheritance Tax

BandRate
Nil-Rate Band£325,000 at 0%
Residence NRB£175,000 at 0%
Above NRB40%

Pension Limits

LimitAmount
Annual Allowance£60,000
Minimum Tapered£10,000
Lifetime AllowanceAbolished

Other Key Figures

Item2026/27
National Living Wage (21+)£12.21/hour
Student Loan Plan 2 threshold£27,295
HICBC starts£60,000
HICBC full clawback£80,000
ISA allowance£20,000
Child Benefit (1st child)£25.60/week

Related Calculators

tax rates 2026uk tax ratestax thresholdstax reference
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Waqas Sagar
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ACA, FCCA, FMAAT - Chartered Accountant

Chartered Accountant running a successful accountancy firm based in London. Over 18 years of UK tax experience.

Disclaimer: This content is for general information only and does not constitute professional tax advice. Tax rules change frequently. Always consult a qualified accountant for advice specific to your circumstances.Terms of use.