Tax rates & allowances 2026/27.
Every number in one place, updated the day it changes — and each table links to the calculator that puts it to work.
Reviewed 6 October 2026 against HMRC guidance. These are current 2026/27 rates; future measures are listed separately on the Budget page.
Income Tax (England, Wales & NI)
Dividends
National Insurance
Corporation Tax
VAT
Electricity for domestic and qualifying use in England, Wales and Scotland is zero-rated from 1 October 2026 to 31 March 2027, then returns to 5%. Gas and other fuel stay at 5% across the UK, and Northern Ireland electricity stays at 5%. Most businesses see no change: ordinary commercial electricity is standard-rated at 20% and stays there. The exception is genuinely small usage — a supply under 1,000 kWh a month counts as qualifying use even to a business customer, so a company on low-consumption premises is billed at 0% for the six months. VAT Notice 701/19 →
Capital Gains Tax
Inheritance Tax
From 6 April 2026, the combined allowance for 100% Agricultural and Business Relief is £2.5 million, with 50% relief generally applying to qualifying value above it. Unused allowance can transfer between spouses or civil partners. Eligibility and special asset rules matter; the estimator does not calculate these reliefs. HMRC Business Relief guidance →
Mileage (AMAP)
The car and van rate rose from 45p to 55p on 6 April 2026 — the first change since 2011. The 25p rate above 10,000 miles, and the motorcycle, bicycle and passenger rates, are unchanged. HMRC rates →
Pensions & ISAs
Making Tax Digital
The April 2026 test uses combined gross self-employment and property income in 2024/25, before expenses. The next quarterly update is due 7 November 2026. An annual return is still required; HMRC will not apply late quarterly-update penalty points for 2026/27. HMRC update deadlines →
Rates for the 2026/27 tax year, England, Wales & NI (Scotland sets its own Income Tax bands). Stamp duty, capital allowances and the specialist tables live on GOV.UK — or just ask us. Updated every Budget: see the Budget, briefly.