Income Tax rates updated for 2022 to 2023

HM Revenue & Customs updated the published Income Tax rates, allowances and duties for the 2022 to 2023 tax year on 6 April 2022¹. The same publication page records a further change on 13 April 2022, when the tax rates and bands table was updated and basic rate band values for England and Northern Ireland and for Wales were corrected from £37,000 to £37,700¹.

The publication covers all Income Tax rates, allowances and bands for the current and previous three tax years, and also points to historical and future rates announced in earlier budgets or financial statements¹. It is maintained by HM Revenue & Customs and was first published on 1 January 2014¹.

The page's update history shows how the figures have moved since. On 6 April 2023 rates and allowances were updated for 2023 to 2024, and on 9 December 2022 the rates for tax on dividends were updated¹. Later corrections include the personal allowance rate for 2021 to 2022, corrected to £12,570 on 14 August 2024, alongside corrections to the basic rate and higher rate for England, Northern Ireland and Wales for the same year, to £37,700 and £37,701 respectively¹. On 14 December 2023 the Scotland tax rates and bands table was updated to confirm that the 42% higher rate and the 47% top rate applied for 2023 to 2024, the additional rate for England, Northern Ireland and Wales for 2020 to 2021 was corrected to over £150,000, and the Income Tax starting rate for savings for England, Northern Ireland, Wales and Scotland was corrected to 0%¹. The page was last updated on 6 April 2026, when rates, allowances and duties were updated for 2026 to 2027¹.

Why it matters for households

The rates, allowances and bands published here are the figures used to work out an Income Tax bill for the year, so a change to them changes what households owe on the same income. The 2022 to 2023 update took effect from the start of that tax year on 6 April 2022, and the correction nine days later changed the basic rate band values for England and Northern Ireland and for Wales from £37,000 to £37,700¹. Scotland's rates and bands are published separately, and the page records a Scottish Budget announcement on 19 December 2023 feeding into its historical and future rates section¹.

The publication also covers Capital Gains Tax only insofar as it sits within the wider tax system; the rates and allowances themselves are set out on the Income Tax page¹. Anyone whose income, savings or dividends fall near a band boundary is affected by where those boundaries sit, and the corrections recorded on the page show that published figures have been revised after the fact more than once¹.

What happens next

The page is updated at the start of each tax year. Its most recent entry, dated 6 April 2026, records that rates, allowances and duties were updated for 2026 to 2027¹. No further changes beyond that date are set out in the update history¹.