Tax Rates 2026/27

UK Tax Rates & Bands 2026/27

✓ Live Reference & Interactive Inspector

Band Inspector

Enter your gross income below to highlight how it distributes across the standard UK income tax bands.

£
Personal Allowance Used: £12,570
Taxable Amount: £37,430
Total Income Tax: £7,486

Income Tax Bands (England, Wales & NI)

Band Taxable Income Range Tax Rate Status
Personal Allowance Up to £12,570 0% In Range
Basic Rate £12,571 to £50,270 20% –
Higher Rate £50,271 to £125,140 40% –
Additional Rate Over £125,140 45% –

National Insurance (Class 1 Employees)

Category Annual Threshold Rate
Primary Threshold (Tax-Free limit) Up to £12,570 0%
Main Rate Band £12,571 to £50,270 8%
Upper Earnings Limit Over £50,270 2%

Corporation Tax & Dividends

Tax Type Key Thresholds / Allowances Rate
Corporation Tax (Small Profit) Profits up to £50,000 19%
Corporation Tax (Marginal Relief) Profits £50,001 to £250,000 Tapered (19% - 25%)
Corporation Tax (Main Rate) Profits over £250,000 25%
Dividend Allowance First £500 of dividends (All bands) 0%
Dividend Tax (Basic Rate) Dividend income inside basic band 8.75%
Dividend Tax (Higher Rate) Dividend income inside higher band 33.75%
Dividend Tax (Additional Rate) Dividend income inside additional band 39.35%

About This Calculator

This calculator uses the latest HMRC rates for the 2026/27 tax year. For illustrative purposes only — always consult a qualified tax adviser for formal advice.