Income Tax Thresholds 2025-26

All UK income tax thresholds and band boundaries for 2025-26. These figures have been frozen since 2021-22 and are set to remain frozen until at least 2027-28.

Personal Allowance
£12,570
Tax-free threshold
Basic Rate limit
£50,270
Higher Rate starts above this
Personal Allowance taper starts
£100,000
60% effective rate zone begins
Additional Rate threshold
£125,140
45% rate + no Personal Allowance

England, Wales & Northern Ireland — 2025-26 Thresholds

Threshold Annual Monthly Weekly
Personal Allowance (tax-free) £12,570 £1,047.50 £241.73
Basic Rate starts £12,571 £1,047.58 £241.75
Basic Rate band £12,571 – £50,270 £1,048 – £4,189 £242 – £967
Higher Rate threshold £50,271 £4,189.25 £966.75
PA taper starts (60% zone) £100,000 £8,333 £1,923
PA fully withdrawn £125,140 £10,428 £2,407
Additional Rate threshold £125,140 £10,428 £2,407

Scotland — 2025-26 Thresholds

Scotland's Higher Rate threshold is considerably lower than England's — £43,662 vs £50,270. This means Scottish taxpayers with incomes between £43,662 and £50,270 pay 42% income tax while their English counterparts pay 20%.

Threshold / Band Annual Rate
Personal Allowance £12,570 0%
Starter Rate threshold £12,571 – £15,397 19%
Basic Rate threshold £15,398 – £27,491 20%
Intermediate Rate threshold £27,492 – £43,662 21%
Higher Rate threshold (Scotland) £43,663 – £75,000 42%
Advanced Rate threshold £75,001 – £125,140 45%
Top Rate threshold Above £125,140 48%

Threshold freeze — fiscal drag explained

All main income tax thresholds have been frozen since April 2021 and are set to remain frozen until April 2028. In a period of wage inflation, this creates fiscal drag — more people are pushed into higher tax bands even though the rates haven't changed.

If thresholds had risen with inflation (CPI) Where Personal Allowance would be Where Higher Rate threshold would be
2021-22 baseline £12,570 £50,270
Estimated 2025-26 (CPI-indexed) ~£15,000 ~£60,000
Actual 2025-26 (frozen) £12,570 £50,270

The OBR estimates the threshold freeze will create approximately 3 million additional higher-rate taxpayers by 2027-28 compared to if thresholds had been indexed to inflation.

Other key 2025-26 tax thresholds

Allowance / threshold 2025-26 amount Notes
Dividend Allowance £500 Dividends below this: 0%
Personal Savings Allowance (Basic Rate) £1,000 Interest below this: 0%
Personal Savings Allowance (Higher Rate) £500 Interest below this: 0%
Marriage Allowance £1,260 Transfer from non-taxpayer to Basic Rate spouse
Annual CGT Exempt Amount £3,000 Capital gains below this: 0%
ISA annual subscription limit £20,000 Stocks & Shares or Cash ISA
Annual Pension Allowance £60,000 Or 100% of earnings if lower
Inheritance Tax nil-rate band £325,000 40% on excess

Frequently asked questions

What is the income tax threshold for 2025-26?

The Personal Allowance (the threshold below which you pay no income tax) is £12,570 for 2025-26. This has been frozen since 2021-22. The Basic Rate band runs to £50,270, the Higher Rate to £125,140, and the Additional Rate applies above £125,140.

What is the higher rate threshold for 2025-26?

In England, Wales and Northern Ireland, income above £50,270 is taxed at 40% (Higher Rate). In Scotland, the Higher Rate (42%) starts at £43,663 — the lower threshold means Scottish taxpayers pay more on income between £43,663 and £50,270.

When does the Personal Allowance reduce?

The £12,570 Personal Allowance begins to taper once your income exceeds £100,000. It reduces by £1 for every £2 over £100,000 and is fully withdrawn at £125,140 — creating a 60% effective marginal rate on income between those two figures. Pension contributions and gift aid payments can reduce your adjusted income below £100,000.

Related:

UK Tax Brackets National Insurance Rates Personal Allowance Salary Calculator Pension Tax Relief Marriage Allowance Dividend Tax