You and your family

Personal Tax Tables 2026/27

Income tax, National Insurance, dividends, capital gains, pensions, ISAs and student loans for 2026/27, on two printable pages.

2 pages

Download PDF Email us about this guide

Work out your own figures with our tax calculators → Also see the business tax tables 2026/27.

Income tax

Rates and bands for England, Wales and Northern Ireland.

Band	Income	Rate
Personal Allowance	up to £12,570	0%
Basic rate	£12,571 to £50,270	20%
Higher rate	£50,271 to £125,140	40%
Additional rate	over £125,140	45%

The Personal Allowance falls by £1 for every £2 of adjusted net income over £100,000 and is nil at £125,140, so extra income in that range is effectively taxed at 60%. Scotland has its own rates and bands.

Dividends and savings

Income	Tax-free amount	Basic	Higher	Add’l
Dividends	£500 Dividend Allowance	10.75%	35.75%	39.35%
Savings interest	Starting rate band up to £5,000; Personal Savings Allowance £1,000 (basic), £500 (higher), nil (additional)	20%	40%	45%

National Insurance

Who	Earnings or profits	Rate
Employee (Class 1)	£12,570 to £50,270	8%
	over £50,270	2%
Self-employed (Class 4)	£12,570 to £50,270	6%
	over £50,270	2%
Self-employed (Class 2)	profits of £7,105 or more	£3.65 a week, treated as paid

Earnings above the lower earnings limit of £6,708 count towards the State Pension.

Capital gains tax

	2026/27
Annual exempt amount	£3,000
Basic-rate taxpayers	18% within the basic-rate band
Higher and additional rate taxpayers	24%
Business Asset Disposal Relief	18% on qualifying gains, up to £1,000,000 over a lifetime (14% in 2025/26)

Gains on UK residential property must be reported and the tax paid within 60 days of completion.

Pensions and ISAs

Allowance	2026/27
Pension annual allowance	£60,000
Money purchase annual allowance	£10,000
Unused allowance carried forward	up to 3 earlier years
Tapered annual allowance	reduced for adjusted income over £260,000 (threshold income over £200,000), to a minimum of £10,000
ISA (adult)	£20,000
Lifetime ISA (within the ISA limit)	£4,000
Junior ISA	£9,000

Student and postgraduate loans

Repayments are 9% of income over the threshold, or 6% for a postgraduate loan.

Plan	Annual threshold
Plan 1	£26,900
Plan 2	£29,385
Plan 4	£33,795
Plan 5	£25,000
Postgraduate loan	£21,000

Allowances at a glance

Personal Allowance: £12,570
Marriage Allowance: transfer £1,260, saving up to £252
Trading allowance: £1,000
Property allowance: £1,000
Dividend Allowance: £500

Child Benefit charge

The High Income Child Benefit Charge is 1% of the benefit for each £200 of adjusted net income over £60,000. All of it is repaid at £80,000.

Key dates

5 April 2027: tax year ends
31 October 2027: paper tax return
31 January 2028: online return and tax due

Inheritance tax

Nil-rate band: £325,000
Residence nil-rate band: up to £175,000
Rate: 40%, or 36% where 10% or more of the estate goes to charity

Using these tables

They apply to England, Wales and Northern Ireland. Scotland differs for income tax.
To work out your own figures, use our tax calculators at ksba.co.uk/tax-calculators.

Figures are for the 2026/27 tax year and were checked against GOV.UK in October 2026. Rules change, so please check before you rely on them.

How King Street can help

We can turn these tables into your own figures: your salary and dividends, your pension, your student loan and your family’s allowances. We will show you where the savings are and agree a fixed fee before any work starts.

Email us about this guide 0161 835 23233rd Floor, 82 King Street, Manchester M2 4WQ

This guide is general information, not advice on your circumstances. Please speak to us before acting.

View as PDF

Loading guide…