# UKTaxRates.co.uk — UK Tax Rates & Allowances 2026/27
> The definitive statutory directory, tax calculation engine, and reference encyclopedia for all UK personal, wealth, corporate, household, and property taxes for the 2026/27 tax year (6 April 2026 – 5 April 2027).

## Core Statutory Tax Rates & Thresholds (2026/27)

### 1. Income Tax (England, Wales, Northern Ireland)
- Personal Allowance: £12,570 (0% tax)
- Basic Rate (20%): £12,571 to £50,270 (taxable bandwidth: £37,700)
- Higher Rate (40%): £50,271 to £125,140 (taxable bandwidth: £74,870)
- Additional Rate (45%): Over £125,140
- 60% Marginal Tax Trap: Personal Allowance tapers by £1 for every £2 of adjusted net income between £100,000 and £125,140.
- Link: https://uktaxrates.co.uk/income-tax-calculator/

### 2. Scottish Income Tax (Scottish Resident Taxpayers)
- Personal Allowance: £12,570 (0% tax)
- Starter Rate (19%): £12,571 to £14,876 (taxable: £0–£2,306)
- Basic Rate (20%): £14,877 to £26,561 (taxable: £2,307–£13,991)
- Intermediate Rate (21%): £26,562 to £43,662 (taxable: £13,992–£31,092)
- Higher Rate (42%): £43,663 to £75,000 (taxable: £31,093–£62,430)
- Advanced Rate (45%): £75,001 to £125,140 (taxable: £62,431–£112,570)
- Top Rate (48%): Over £125,140 (taxable: over £112,570)
- Link: https://uktaxrates.co.uk/scottish-income-tax-calculator/

### 3. National Insurance Contributions (NICs)
- Class 1 Employee Primary Threshold: £12,570/year (£242/week)
- Class 1 Employee Rate (Main): 8% on earnings between £12,570 and £50,270
- Class 1 Employee Rate (Upper): 2% on earnings above £50,270
- Class 1 Employer Secondary Threshold: £5,000/year (£96/week)
- Class 1 Employer Rate: 15% on all earnings above £5,000
- Class 4 Self-Employed (Main): 6% on profits between £12,570 and £50,270
- Class 4 Self-Employed (Upper): 2% on profits above £50,270
- Class 2 Self-Employed: Effectively abolished; automatic National Insurance credits applied above £6,725 Small Profits Threshold.
- Link: https://uktaxrates.co.uk/national-insurance-calculator/

### 4. Capital Gains Tax (CGT)
- Annual Exempt Amount: £3,000 per individual
- Basic Rate: 18% on all chargeable assets (residential property, shares, crypto, collectibles) within basic income tax band
- Higher Rate: 24% on all chargeable assets for gains exceeding basic income tax band
- Business Asset Disposal Relief (BADR): 18% on qualifying disposals up to £1,000,000 lifetime limit
- Reporting: 60-day reporting and payment requirement for UK residential property disposals
- Link: https://uktaxrates.co.uk/capital-gains-tax-calculator/

### 5. Stamp Duty Land Tax (SDLT — England & NI)
- Standard Residential Purchases:
  - £0 to £125,000: 0%
  - £125,001 to £250,000: 2%
  - £250,001 to £925,000: 5%
  - £925,001 to £1,500,000: 10%
  - Over £1,500,000: 12%
- First-Time Buyer (FTB) Relief (properties up to £500,000):
  - £0 to £300,000: 0%
  - £300,001 to £500,000: 5%
  - Properties >£500,000: Standard rates apply in full
- Additional Property / Buy-to-Let Surcharge: +5% on all bands from pound one
- Non-UK Resident Surcharge: +2% additional
- Link: https://uktaxrates.co.uk/stamp-duty-calculator/

### 6. Dividend Tax
- Tax-free Dividend Allowance: £500
- Basic Rate: 8.75%
- Higher Rate: 33.75%
- Additional Rate: 39.35%
- Link: https://uktaxrates.co.uk/dividend-tax-calculator/

### 7. Inheritance Tax (IHT)
- Nil-Rate Band (NRB): £325,000 (frozen through April 2028)
- Residence Nil-Rate Band (RNRB): £175,000 (leaving family home to direct descendants)
- Combined Married / Civil Partner Allowance: Up to £1,000,000
- Standard Tax Rate: 40% on estate above available thresholds
- Reduced Rate: 36% if 10%+ of net estate is left to registered charities
- RNRB Taper: Reduces by £1 for every £2 the estate exceeds £2,000,000 (fully tapered at £2,350,000)
- 7-Year Gift Taper: 0–3 yrs: 40%, 3–4 yrs: 32%, 4–5 yrs: 24%, 5–6 yrs: 16%, 6–7 yrs: 8%, 7+ yrs: 0%
- Link: https://uktaxrates.co.uk/inheritance-tax-calculator/

### 8. Corporation Tax
- Small Profits Rate: 19% on taxable profits up to £50,000
- Main Rate: 25% on taxable profits over £250,000
- Marginal Relief: Tapered rate between £50,000 and £250,000 (effective 26.5% marginal rate)
- Link: https://uktaxrates.co.uk/corporation-tax-calculator/

### 9. Value Added Tax (VAT)
- Standard Rate: 20%
- Reduced Rate: 5% (domestic energy, child safety seats)
- Zero Rate: 0% (books, newspapers, basic food, children's clothes)
- Compulsory Registration Threshold: £90,000 rolling 12-month taxable turnover
- Deregistration Threshold: £88,000
- Link: https://uktaxrates.co.uk/vat-calculator/

### 10. High Income Child Benefit Charge (HICBC)
- Full Benefit: £25.60/week (first child) + £16.95/week (each subsequent child)
- Charge Threshold: £60,000 adjusted net income
- Taper Rate: 1% clawback for every £200 earned over £60,000
- Complete Clawback Threshold: £80,000 (at which point 100% of Child Benefit is taxed back)
- Link: https://uktaxrates.co.uk/child-benefit-tax-calculator/

### 11. Pension Tax Relief & Allowances
- Annual Allowance: £60,000 per tax year
- Money Purchase Annual Allowance (MPAA): £10,000
- Tax-Free Lump Sum: 25% capped at £268,275 (Lump Sum and Death Benefit Allowance: £1,073,100)
- Tapered Annual Allowance: Applies if threshold income >£200,000 and adjusted income >£260,000 (minimum tapered allowance: £10,000)
- Relief Rates: 20% basic, 40% higher (claim via Self Assessment), 45% additional
- Link: https://uktaxrates.co.uk/pension-tax-relief-calculator/

### 12. Individual Savings Accounts (ISAs)
- Overall Adult ISA Allowance: £20,000/year (Cash, Stocks & Shares, Innovative Finance)
- Lifetime ISA (LISA): £4,000/year (with 25% government bonus up to £1,000/yr)
- Junior ISA (JISA): £9,000/year
- Tax Status: 100% tax-free growth, interest, and withdrawals
- Link: https://uktaxrates.co.uk/isa-allowances/

### 13. Personal Savings Allowance (PSA)
- Basic Rate Taxpayers: £1,000 tax-free savings interest
- Higher Rate Taxpayers: £500 tax-free savings interest
- Additional Rate Taxpayers: £0 allowance
- Starting Rate for Savings: Up to £5,000 at 0% for non-savings income under £17,570
- Link: https://uktaxrates.co.uk/personal-savings-allowance/

### 14. Marriage Allowance
- Transferable Amount: £1,260 of unused Personal Allowance to spouse or civil partner
- Annual Tax Saving: £252/year (20% of £1,260)
- Eligibility: Lower earner income <£12,570; higher earner basic rate taxpayer (£12,571–£50,270)
- Backdating: Up to 4 preceding tax years (worth over £1,000)
- Link: https://uktaxrates.co.uk/marriage-allowance-calculator/

### 15. Student Loan Repayments
- Plan 1: Threshold £24,990 (9% rate above threshold)
- Plan 2: Threshold £27,295 (9% rate above threshold)
- Plan 4 (Scotland): Threshold £31,395 (9% rate above threshold)
- Plan 5: Threshold £25,000 (9% rate above threshold)
- Postgraduate Loan: Threshold £21,000 (6% rate above threshold)

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## Directory of All 30 Tools & Calculators
1. Master Encyclopedia: https://uktaxrates.co.uk/
2. Income Tax Calculator: https://uktaxrates.co.uk/income-tax-calculator/
3. Scottish Income Tax Calculator: https://uktaxrates.co.uk/scottish-income-tax-calculator/
4. National Insurance Calculator: https://uktaxrates.co.uk/national-insurance-calculator/
5. Self-Employed Tax Calculator: https://uktaxrates.co.uk/self-employed-tax-calculator/
6. Payslip Calculator: https://uktaxrates.co.uk/payslip-calculator/
7. Capital Gains Tax Calculator: https://uktaxrates.co.uk/capital-gains-tax-calculator/
8. Dividend Tax Calculator: https://uktaxrates.co.uk/dividend-tax-calculator/
9. Stamp Duty Calculator (SDLT): https://uktaxrates.co.uk/stamp-duty-calculator/
10. Inheritance Tax Calculator: https://uktaxrates.co.uk/inheritance-tax-calculator/
11. Corporation Tax Calculator: https://uktaxrates.co.uk/corporation-tax-calculator/
12. VAT Calculator: https://uktaxrates.co.uk/vat-calculator/
13. Pension Tax Relief Calculator: https://uktaxrates.co.uk/pension-tax-relief-calculator/
14. Child Benefit Tax Calculator: https://uktaxrates.co.uk/child-benefit-tax-calculator/
15. £100k Tax Trap Calculator: https://uktaxrates.co.uk/100k-tax-trap-calculator/
16. £100k Childcare Cliff Calculator: https://uktaxrates.co.uk/100k-childcare-cliff-calculator/
17. Bonus Tax Calculator: https://uktaxrates.co.uk/bonus-tax-calculator/
18. 60% Tax Trap Calculator: https://uktaxrates.co.uk/60-percent-tax-trap-calculator/
19. Marriage Allowance Calculator: https://uktaxrates.co.uk/marriage-allowance-calculator/
20. ISA Allowances Guide: https://uktaxrates.co.uk/isa-allowances/
21. Personal Savings Allowance: https://uktaxrates.co.uk/personal-savings-allowance/
22. Council Tax Bands: https://uktaxrates.co.uk/council-tax-bands/
23. Vehicle Tax Rates: https://uktaxrates.co.uk/vehicle-tax-rates/
24. Benefits in Kind Tax: https://uktaxrates.co.uk/benefits-in-kind-tax/
25. Minimum Wage (£12.71/hr): https://uktaxrates.co.uk/12-71-per-hour-after-tax/
26. Apprentice Wage Calculator: https://uktaxrates.co.uk/apprentice-wage-calculator/
27. Mortgage Calculator: https://uktaxrates.co.uk/mortgage-calculator/
28. First-Time Buyer Mortgage Calculator: https://uktaxrates.co.uk/first-time-buyer-mortgage-calculator/
29. Buy-to-Let Mortgage Calculator: https://uktaxrates.co.uk/buy-to-let-mortgage-calculator/
30. Remortgage Calculator: https://uktaxrates.co.uk/remortgage-calculator/
- [True Wage & Commute Calculator](https://uktaxrates.co.uk/true-wage-calculator/): Real take-home hourly rate after deducting travel costs and unpaid commute hours.