Personal Allowance
The personal allowance remains frozen at £12,570 for both 2025/26 and 2026/27. It has been at this level since April 2022 and is now frozen until April 2028 (extended further for 2026/27 until April 2031).
Income Tax Rates — England, Wales & Northern Ireland
| Band | Taxable Income | Rate |
|---|---|---|
| Personal Allowance | Up to £12,570 | 0% |
| Basic Rate | £12,571 – £50,270 | 20% |
| Higher Rate | £50,271 – £125,140 | 40% |
| Additional Rate | Over £125,140 | 45% |
All rates and thresholds are unchanged from 2025/26 to 2026/27.
Scottish Income Tax 2025/26 & 2026/27
| Band | Taxable Income | Rate |
|---|---|---|
| Starter Rate | £12,571 – £15,397 | 19% |
| Basic Rate | £15,398 – £27,491 | 20% |
| Intermediate Rate | £27,492 – £43,662 | 21% |
| Higher Rate | £43,663 – £75,000 | 42% |
| Advanced Rate | £75,001 – £125,140 | 45% |
| Top Rate | Over £125,140 | 48% |
Key Allowances 2026/27
- Personal Savings Allowance: £1,000 (basic rate) / £500 (higher rate) / £0 (additional rate)
- Dividend Allowance: £500
- Marriage Allowance: £1,260 transferable (saves up to £252)
- Blind Person’s Allowance: £3,130
- ISA Annual Allowance: £20,000
- Junior ISA: £9,000
High Income Child Benefit Charge (HICBC)
The charge applies where adjusted net income exceeds £60,000. Child Benefit is fully clawed back once income reaches £80,000.
Contact Rob Tax Solutions for personalised advice on how these rates affect you.
