6 April 2026 to 5 April 2027

2026/27 tax rates and thresholds

Every figure this site uses, straight from HMRC and the Scottish Government.

Income Tax: England, Wales and Northern Ireland

BandIncomeRate
Personal AllowanceUp to £12,5700%
Basic rate£12,571 to £50,27020%
Higher rate£50,271 to £125,14040%
Additional rateOver £125,14045%

You lose £1 of Personal Allowance for every £2 of income over £100,000. The allowance and thresholds are frozen until April 2031.

Income Tax: Scotland

BandIncomeRate
Personal AllowanceUp to £12,5700%
Starter£12,571 to £16,53719%
Basic£16,538 to £29,52620%
Intermediate£29,527 to £43,66221%
Higher£43,663 to £75,00042%
Advanced£75,001 to £125,14045%
TopOver £125,14048%

National Insurance (employees, Class 1)

EarningsRate
Up to £12,570 a year (£242 a week)0%
£12,570 to £50,270 a year8%
Over £50,270 a year (£967 a week)2%

National Insurance is the same across the UK and is worked out on each pay period, not the whole year.

Student and postgraduate loans

PlanThreshold a yearRate
Plan 1£26,9009%
Plan 2£29,3859%
Plan 4 (Scotland)£33,7959%
Plan 5£25,0009%
Postgraduate loan£21,0006%

Workplace pensions (auto-enrolment)

Figure2026/27
Earnings trigger for auto-enrolment£10,000 a year
Qualifying earnings£6,240 to £50,270
Minimum contributions8% total, at least 3% from your employer

Minimum wage from 1 April 2026

AgeHourly rate
21 and over£12.71
18 to 20£10.85
Under 18 and apprentices£8.00

Sources: GOV.UK rates and thresholds 2026 to 2027, Scottish Government, The Pensions Regulator, GOV.UK minimum wage rates, ICAEW.