2026/27 tax year: rates, thresholds and changes
The 2026/27 tax year runs from 6 April 2026 to 5 April 2027. The personal allowance and the higher-rate threshold are frozen for another year, the National Living Wage rose to £12.71, and Plan 5 student loan repayments began. All figures below are from the GOV.UK rates page for 2026 to 2027 unless stated.
Income tax — England, Wales & NI
| Band | Rate | Income |
|---|---|---|
| Personal allowance | 0% | £12,570 |
| Basic rate | 20% | £12,571 – £50,270 |
| Higher rate | 40% | £50,271 – £125,140 |
| Additional rate | 45% | over £125,140 |
The personal allowance tapers by £1 for every £2 of income above £100,000, reaching zero at £125,140.
Income tax — Scotland
| Band | Rate | Gross income |
|---|---|---|
| Starter | 19% | £12,571 – £16,537 |
| Basic | 20% | £16,538 – £29,526 |
| Intermediate | 21% | £29,527 – £43,662 |
| Higher | 42% | £43,663 – £75,000 |
| Advanced | 45% | £75,001 – £112,570 |
| Top | 48% | £112,571 – over |
Gross income with a standard personal allowance. Source: Scottish Government 2026/27.
National Insurance and student loans
| Item | Threshold | Rate |
|---|---|---|
| Employee NI primary threshold | £12,570 | 0% up to here |
| Employee NI main rate | £12,570 – £50,270 | 8% |
| Employee NI above UEL | over £50,270 | 2% |
| Plan 1 | £26,900 | 9% above |
| Plan 2 | £29,385 | 9% above |
| Plan 4 | £33,795 | 9% above |
| Plan 5 | £25,000 | 9% above |
| Postgraduate | £21,000 | 6% above |
April 2026 changes at a glance
- National Living Wage rose to £12.71 an hour (age 21 and over) — full-time annualised gross ≈ £24,784.50.
- Plan 5 student loan repayments began: 9% above £25,000.
- Personal allowance frozen at £12,570; higher-rate threshold frozen at £50,270; NI thresholds unchanged.
- Employer NI secondary threshold remains £5,000 (15% above), with the £10,500 employment allowance.
After-tax pages for 2026/27
- £12,570 after tax
- £15,000 after tax
- £20,000 after tax
- £21,000 after tax
- £22,000 after tax
- £23,000 after tax
- £24,000 after tax
- £24,900 after tax
- £25,000 after tax
- £26,000 after tax
- £27,000 after tax
- £27,500 after tax
See the full list on the salary directory.