UK Tax Rates 2026/27 — Income Tax, National Insurance & Student Loans
Every rate used by the calculators on this site, taken from GOV.UK's “Rates and thresholds for employers 2026 to 2027”. The tax year runs 6 April 2026 to 5 April 2027.
Personal Allowance
£12,570 for most taxpayers. It is reduced by £1 for every £2 of adjusted net income above £100,000, reaching £0 at £125,140.
Income tax — England, Wales & Northern Ireland
| Band | Taxable income | Rate |
|---|---|---|
| Basic rate | £0 to £37,700 | 20% |
| Higher rate | £37,701 to £125,140 | 40% |
| Additional rate | Above £125,140 | 45% |
Income tax — Scotland
| Band | Taxable income | Rate |
|---|---|---|
| Starter rate | £0 to £3,967 | 19% |
| Basic rate | £3,968 to £16,956 | 20% |
| Intermediate rate | £16,957 to £31,092 | 21% |
| Higher rate | £31,093 to £62,430 | 42% |
| Advanced rate | £62,431 to £125,140 | 45% |
| Top rate | Above £125,140 | 48% |
National Insurance — employees (Class 1)
| Earnings | Rate |
|---|---|
| Up to £12,570 a year | 0% |
| £12,570 to £50,270 | 8% |
| Above £50,270 | 2% |
Employers pay 15% on earnings above the Secondary Threshold of £5,000 a year (with a £10,500 Employment Allowance for eligible employers).
Student loan repayments
| Plan | Threshold | Rate |
|---|---|---|
| Plan 1 | £26,900 | 9% |
| Plan 2 | £29,385 | 9% |
| Plan 4 | £33,795 | 9% |
| Plan 5 | £25,000 | 9% |
| Postgraduate | £21,000 | 6% |
Other figures for 2026/27
National Living Wage (21 and over): £12.71 an hour from 1 April 2026. Standard tax code: 1257L. Try the numbers yourself in the take home pay calculator.