6 April 2025 to 5 April 2026
UK tax rates and allowances 2025/26
Every figure our calculators use for 2025/26, checked against HMRC, the Scottish Government, the Student Loans Company and DWP. Other year: 2026/27.
Income tax: England, Wales and Northern Ireland
| Band | Rate | Income (standard allowance) | Taxable income |
|---|---|---|---|
| Personal Allowance | 0% | Up to £12,570 | None |
| Basic rate | 20% | £12,571 to £50,270 | £1 to £37,700 |
| Higher rate | 40% | £50,271 to £137,710 | £37,701 to £125,140 |
| Additional rate | 45% | £137,711 and above | Over £125,140 |
Income tax: Scotland
| Band | Rate | Income (standard allowance) | Taxable income |
|---|---|---|---|
| Personal Allowance | 0% | Up to £12,570 | None |
| Starter rate | 19% | £12,571 to £15,397 | £1 to £2,827 |
| Basic rate | 20% | £15,398 to £27,491 | £2,828 to £14,921 |
| Intermediate rate | 21% | £27,492 to £43,662 | £14,922 to £31,092 |
| Higher rate | 42% | £43,663 to £75,000 | £31,093 to £62,430 |
| Advanced rate | 45% | £75,001 to £137,710 | £62,431 to £125,140 |
| Top rate | 48% | £137,711 and above | Over £125,140 |
Allowances
| Allowance | Amount |
|---|---|
| Personal Allowance | £12,570 |
| Allowance taper starts | £100,000 |
| Marriage Allowance | £1,260 |
| Blind Person's Allowance | £3,130 |
| Dividend Allowance | £500 |
| Personal Savings Allowance (basic / higher) | £1,000 / £500 |
| Starting rate for savings | £5,000 |
| Trading and property allowances | £1,000 |
National Insurance
| Item | Annual | Rate |
|---|---|---|
| Lower earnings limit | £6,500 | 0% |
| Primary threshold (employees) | £12,570 | 8% |
| Upper earnings limit | £50,270 | 2% above |
| Secondary threshold (employers) | £5,000 | 15% |
| Class 1A on benefits | 15% | |
| Class 4 (self-employed) | £12,570 to £50,270 | 6% then 2% |
| Class 2 voluntary | Small profits threshold £6,845 | £3.50 a week |
Savings and dividends
| Income | Basic rate | Higher rate | Additional rate |
|---|---|---|---|
| Savings interest | 20% | 40% | 45% |
| Dividends | 8.75% | 33.75% | 39.35% |
Student loan repayment thresholds
| Plan | Threshold | Rate |
|---|---|---|
| Plan 1 | £26,065 | 9% |
| Plan 2 | £28,470 | 9% |
| Plan 4 (Scotland) | £32,745 | 9% |
| Plan 5 | £25,000 | 9% |
| Postgraduate | £21,000 | 6% |
Pensions
| Item | Amount |
|---|---|
| Annual allowance | £60,000 |
| Tapered annual allowance minimum | £10,000 |
| Taper: threshold / adjusted income | £200,000 / £260,000 |
| Money purchase annual allowance | £10,000 |
| Lump sum allowance | £268,275 |
| Auto-enrolment qualifying earnings | £6,240 to £50,270 |
| Auto-enrolment earnings trigger | £10,000 |
| Full new State Pension | £230.25 a week |
Company car benefit in kind
| CO2 and range | Rate |
|---|---|
| 0g/km (electric) | 3% |
| 1 to 50g/km, 130+ miles electric range | 3% |
| 1 to 50g/km, 70 to 129 miles | 6% |
| 1 to 50g/km, 40 to 69 miles | 9% |
| 1 to 50g/km, 30 to 39 miles | 13% |
| 1 to 50g/km, under 30 miles | 15% |
| 51 to 54g/km | 16% |
| Each extra 5g/km | +1% |
| Maximum | 37% |
| Diesel supplement (non RDE2) | +4% |
Other
| Item | Amount |
|---|---|
| Child Benefit, eldest child | £26.05 a week |
| Child Benefit, each other child | £17.25 a week |
| High Income Child Benefit Charge | £60,000 to £80,000 |
| National Living Wage (21+) | £12.21 an hour |
| Self Assessment deadline | 31 January 2027 |
Common questions
What is the Personal Allowance for 2025/26?
The Personal Allowance for 2025/26 is £12,570. It falls by £1 for every £2 of adjusted net income over £100,000, so it is zero at £125,140.
What are the National Insurance rates for 2025/26?
Employees pay 8% on earnings between £12,570 and £50,270 and 2% above. Employers pay 15% above £5,000.
What is the higher rate threshold for 2025/26?
Higher rate tax at 40% starts at £50,271 of income in England, Wales and Northern Ireland, with the standard Personal Allowance. In Scotland the 42% higher rate starts at £43,663.
What are the dividend tax rates for 2025/26?
The first £500 of dividends is tax-free. After that dividends are taxed at 8.75%, 33.75% and 39.35% for basic, higher and additional rate taxpayers.
Official sources
Every rate and threshold on this page is checked against these official pages. How we calculate
- Income Tax rates and allowances for current and past years (HMRC)
- Rates and allowances: National Insurance contributions (HMRC)
- Scottish Income Tax (GOV.UK)
- Welsh Income Tax (GOV.UK)
- Repaying your student loan: what you pay (GOV.UK)
- Tax on dividends (GOV.UK)
- Tax on savings interest (GOV.UK)
- Tax on your private pension: annual allowance (GOV.UK)
- Tax on your private pension: lump sum allowance (GOV.UK)
- The new State Pension: what you'll get (GOV.UK)
- Tax on company benefits: company cars (GOV.UK)
- Child Benefit: what you'll get (GOV.UK)
- High Income Child Benefit Charge (GOV.UK)
- National Minimum Wage and National Living Wage rates (GOV.UK)
- Workplace pensions: what you, your employer and the government pay (GOV.UK)
Updated