UK Tax Rates 2025/26

Official Income Tax Bands & National Insurance Rates

✓ Current for 2025/26 Tax Year
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🗓️ Autumn Budget 2025 - Key Tax Changes

Announced November 2025 | In effect for 2025/26 tax year

Next Update: Spring Budget 2026 (expected March) will announce rates for 2026/27 tax year.

Quick Summary

Income Tax Rates 2025/26

Band Taxable Income Tax 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%
📍 Scotland: Different rates apply. Scottish income tax has 6 bands with rates from 19% (starter) to 48% (top rate). Visit Revenue Scotland for Scottish-specific rates.
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How Much Tax Will I Pay?

See exactly what you'll pay in income tax and National Insurance based on your salary:

£30,000

Income Tax: £3,486

National Insurance: £2,003

Take-home: £24,511

£50,000

Income Tax: £7,486

National Insurance: £4,803

Take-home: £37,711

£100,000

Income Tax: £27,486

National Insurance: £8,803

Take-home: £63,711

National Insurance Rates 2025/26

National Insurance (NI) is a tax paid by employees and employers on earnings, and by the self-employed on their profits.

📋 Employees (Class 1 NI)

Annual Earnings NI Rate
Up to £12,570 0%
£12,571 - £50,270 8%
Over £50,270 2%

💼 Self-Employed (Class 2 & 4 NI)

Type Threshold / Rate
Class 2 (flat rate) £3.45 per week (if profits over £12,570)
Class 4 (£12,571 - £50,270) 6%
Class 4 (over £50,270) 2%

🏢 Employers (Class 1 Secondary)

Employers pay 13.8% National Insurance on employee earnings above £9,100 per year.

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📅 Important Tax Dates 2025/26

6 April 2025 Current tax year started
5 October 2025 Deadline to register for self-assessment (new taxpayers)
31 October 2025 Paper tax return deadline (2024/25 tax year)
31 January 2026 Online tax return deadline (2024/25 tax year)
31 January 2026 Payment deadline for 2024/25 tax bill
March 2026 Spring Budget 2026 (announces 2026/27 rates)
5 April 2026 End of 2025/26 tax year
31 July 2026 Second payment on account deadline

💰 Tax-Free Allowances 2025/26

Take advantage of these tax-free allowances to reduce your tax bill legally:

ISA Allowance

£20,000

Tax-free savings and investments per year

Pension Allowance

£60,000

Annual pension contribution limit with tax relief

Capital Gains

£3,000

Tax-free gains per year (reduced from £6,000)

Dividend Allowance

£500

Tax-free dividend income (reduced from £1,000)

Trading Allowance

£1,000

Tax-free self-employment / property income

Marriage Allowance

£1,260

Transfer unused allowance to spouse

❓ Frequently Asked Questions

What is the personal allowance for 2025/26?

£12,570. This is the amount you can earn tax-free each year. This has been frozen since 2021 and will remain frozen until at least April 2028, meaning more people pay tax due to wage inflation (fiscal drag).

When do I start paying 40% tax?

When your taxable income exceeds £50,270 per year. This threshold has also been frozen, meaning wage rises push more people into the higher rate band.

Do I pay National Insurance and income tax?

Yes. Both are deducted from your salary if you earn over £12,570. National Insurance is charged at 8% on earnings between £12,571-£50,270, then 2% above that.

How much tax on £60,000 salary?

£11,486 income tax + £5,603 National Insurance = £17,089 total deductions. Your take-home pay would be £42,911 per year (£3,576/month).

Are Scottish tax rates different?

Yes. Scotland has its own income tax bands with 6 rates ranging from 19% (starter rate) to 48% (top rate). National Insurance rates are the same across the UK.

What is the 60% tax trap?

If you earn between £100,000-£125,140, you lose £1 of personal allowance for every £2 earned. This creates an effective tax rate of 60% on this income band.

When does the tax year start?

The UK tax year runs from 6 April to 5 April the following year. The current 2025/26 tax year runs from 6 April 2025 to 5 April 2026.

Do pensioners pay income tax?

Yes, if their total income (including state pension, private pensions, and any other income) exceeds the personal allowance of £12,570. However, pensioners don't pay National Insurance.

What is PAYE?

Pay As You Earn (PAYE) is the system employers use to deduct income tax and National Insurance from your salary before you receive it. Most employees pay tax through PAYE.

How do I pay less tax legally?

Use ISAs (£20K tax-free), maximize pension contributions (up to £60K with tax relief), claim all eligible expenses if self-employed, transfer marriage allowance, and donate to charity via Gift Aid.

What changed in the Autumn Budget 2025?

Main changes: Capital Gains Tax allowance reduced to £3,000 (from £6,000), Dividend allowance cut to £500 (from £1,000), and confirmation that personal allowance and tax bands remain frozen until April 2028.

When will tax rates change next?

The Spring Budget 2026 (expected March) will announce any changes for the 2026/27 tax year starting 6 April 2026. However, the government has confirmed thresholds will remain frozen until 2028.

🛠️ Official Resources

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