UK Tax Thresholds 2025/26

Complete guide to income tax bands, rates and allowances for the 2025/26 tax year. All thresholds explained with a quick calculator.

Quick Tax Threshold Calculator

Enter your annual salary to instantly see which tax threshold applies and how your income is taxed across each band.

Income Tax Thresholds 2025/26 Current Year

The UK income tax system uses progressive bands. You only pay the higher rate on income above each threshold, not on your entire salary.

BandTaxable IncomeRate
Personal AllowanceUp to £12,5700%
Basic Rate£12,571 – £50,27020%
Higher Rate£50,271 – £125,14040%
Additional RateOver £125,14045%

Personal Allowance taper: If your income exceeds £100,000, your personal allowance is reduced by £1 for every £2 of income above £100,000. It reaches £0 at £125,140, creating an effective 60% marginal rate in this range.

National Insurance Thresholds 2025/26

National Insurance contributions are separate from income tax but also deducted from your pay. Here are the key NI thresholds for employees and employers.

Employee NI (Class 1)

ThresholdAnnual AmountRate
Lower Earnings Limit (LEL)£6,3960%
Primary Threshold (PT)£12,5700%
PT to Upper Earnings Limit£12,570 – £50,2708%
Above Upper Earnings LimitOver £50,2702%

Employer NI (Class 1)

ThresholdAnnual AmountRate
Secondary Threshold£5,0000%
Above Secondary ThresholdOver £5,00015%

Employment Allowance: Eligible employers can claim up to £10,500 off their employer NI bill for 2025/26.

Other Tax Allowances & Thresholds 2025/26

Beyond income tax and NI, there are numerous thresholds affecting your finances. Here is a comprehensive list of the key figures.

Personal & Marriage Allowances

AllowanceAmount
Personal Allowance£12,570
Marriage Allowance (transferable)£1,260
Blind Person's Allowance£3,070
Married Couple's Allowance (born before 6 April 1935)£11,080 – £4,280

Savings, Dividends & Capital Gains

AllowanceAmount
Dividend Allowance£1,000
Savings Allowance (basic rate)£1,000
Savings Allowance (higher rate)£500
Capital Gains Tax Annual Exempt Amount£3,000
ISA Annual Allowance£20,000
Lifetime ISA Allowance£4,000

Pensions

ThresholdAmount
Annual Allowance£60,000
Money Purchase Annual Allowance£10,000
Tapered AA starts (adjusted income)£260,000
Minimum Tapered AA£10,000
Lump Sum Allowance£268,275

Student Loan Repayment Thresholds

PlanAnnual ThresholdRate
Plan 1 (pre-2012)£24,9909%
Plan 2 (post-2012)£27,2959%
Plan 4 (Scotland)£31,3959%
Plan 5 (from 2023)£25,0009%
Postgraduate Loan£21,0006%

Tax Threshold Changes: 2024/25 vs 2025/26

Most income tax thresholds remain frozen for 2025/26. The main change is to employer National Insurance. Here is a full comparison.

Threshold2024/252025/26Change
Personal Allowance£12,570£12,570Frozen
Basic Rate Band£37,700£37,700Frozen
Higher Rate Threshold£50,271£50,271Frozen
Additional Rate Threshold£125,141£125,141Frozen
Employee NI Rate (main)8%8%No change
Employer NI Rate13.8%15%+1.2%
Employer NI Threshold£9,100£5,000↓ £4,100
Employment Allowance£5,000£10,500↑ £5,500
Dividend Allowance£500£1,000↑ £500
CGT Annual Exempt£3,000£3,000Frozen
ISA Allowance£20,000£20,000Frozen

Related Calculators

Tax Bracket Calculator | Salary Calculator | Tax Calculator | NI Calculator | Pension Calculator | UK Tax Rates

Frequently Asked Questions

What is the personal allowance for 2025/26?
The personal allowance for the 2025/26 tax year is £12,570. This is the amount you can earn before you start paying income tax. If your income exceeds £100,000, your personal allowance is reduced by £1 for every £2 over £100,000, reaching zero at £125,140.
What is the higher rate tax threshold for 2025/26?
The higher rate tax threshold for 2025/26 is £50,271. You pay 40% income tax on earnings between £50,271 and £125,140. The basic rate band is £37,700 (from £12,571 to £50,270 at 20%), and the additional rate of 45% applies to income above £125,140.
Have tax thresholds changed from 2024/25 to 2025/26?
The main income tax thresholds remain frozen for 2025/26. The personal allowance stays at £12,570 and the higher rate threshold at £50,271. These thresholds have been frozen since 2021/22 and are expected to remain until at least 2027/28. However, employer National Insurance has changed significantly — the rate increased to 15% and the threshold dropped to £5,000.
What is the 40% tax bracket for 2025/26?
The 40% tax bracket (higher rate) applies to annual taxable income between £50,271 and £125,140 in 2025/26. This means if you earn £80,000, you pay 0% on the first £12,570, 20% on earnings from £12,571 to £50,270, and 40% on earnings from £50,271 to £80,000.
When does the personal allowance start to be reduced?
Your personal allowance starts to reduce when your adjusted net income exceeds £100,000. It decreases by £1 for every £2 of income above £100,000. This means your personal allowance reaches zero when your income hits £125,140. In this income range, you effectively pay a marginal rate of 60% (40% tax plus the loss of personal allowance).

Official Sources

Expert review: James Mitchell, ACCA. Data verified against official UK government sources. Last checked April 2026.