UK Tax Rates & Thresholds 2026/27
Every rate below is the exact figure Finrato’s own calculators use — not a separate summary that could drift out of sync. Each row links to the GOV.UK page it comes from.
Rates last checked: 2026-08-14. These are the constants implemented in Finrato’s salary, self-employed tax, VAT and sick pay calculators; if HMRC updates a threshold, our source watchdog flags the change and this page is updated alongside the calculators.
Income Tax — England, Wales & Northern Ireland (2026/27)
| Band | Taxable income | Rate |
|---|---|---|
| Personal Allowance | Up to £12,570 | 0% |
| £100,000–£125,140 total income | Allowance reduced £1 per £2 over £100,000 | |
| Basic rate | £0–£37,700 above the allowance | 20% |
| Higher rate | Up to £125,140 total income | 40% |
| Additional rate | Above £125,140 total income | 45% |
Source: GOV.UK — Income Tax rates and Personal Allowances
Income Tax — Scotland (2026/27)
| Band | Taxable income above the allowance | Rate |
|---|---|---|
| Starter rate | £0–£3,967 | 19% |
| Basic rate | £3,968–£16,956 | 20% |
| Intermediate rate | £16,957–£31,092 | 21% |
| Higher rate | £31,093–£62,430 | 42% |
| Advanced rate | £62,431 up to £125,140 total income | 45% |
| Top rate | Above £125,140 total income | 48% |
Source: GOV.UK — Scottish Income Tax
National Insurance (2026/27)
| Type | Earnings/profit band | Rate |
|---|---|---|
| Class 1 (employee) | £12,570–£50,270/yr | 8% |
| Class 1 (employee) | Above £50,270/yr | 2% |
| Class 4 (self-employed) | £12,570–£50,270/yr profit | 6% |
| Class 4 (self-employed) | Above £50,270/yr profit | 2% |
Source: GOV.UK — National Insurance rates and categories
VAT
| Rate | Applies to |
|---|---|
| Standard rate | 20% — most goods and services |
Source: GOV.UK — VAT rates
Statutory Sick Pay (2026/27)
| Item | Amount |
|---|---|
| Weekly rate | £123.25 (80% of average weekly earnings if lower) |
| Maximum duration | 28 weeks |
How to use this table
This page is a lookup reference, not a calculator — for a result based on your own numbers, use one of the calculators linked below. Scottish Income Tax uses separate bands from the rest of the UK; National Insurance is the same across all of the UK. The Personal Allowance taper only affects total income between £100,000 and £125,140.
Calculators using these rates
These figures feed directly into: