Income Tax rates updated for 2025 to 2026

HM Revenue & Customs updated its published Income Tax rates, allowances and bands for the 2025 to 2026 tax year on 6 April 2025, according to the update log on its rates and allowances publication¹. The same page records a further update on 6 April 2026 covering the 2026 to 2027 tax year¹.

The publication states that it "includes all Income Tax rates, allowances and bands for the current and previous 3 tax years"¹. It also covers historical and future rates announced in earlier budgets or financial statements¹. The page carries a last updated date of 6 April 2026¹.

The update log shows the pattern of annual revisions. Entries record updates for each tax year from 2015 to 2016 onwards, including 6 April 2023 for 2023 to 2024, 6 April 2022 for 2022 to 2023 and 6 April 2021 for 2021 to 2022¹. Separate entries record corrections: on 14 August 2024 the personal allowance for 2021 to 2022 was corrected to £12,570, the basic rate band for England, Northern Ireland and Wales for 2021 to 2022 was corrected to £37,700, and the higher rate threshold for the same year and nations was corrected to £37,701¹. On 13 April 2022 basic rate band values for England and Northern Ireland and for Wales were corrected from £37,000 to £37,700¹. On 14 December 2023 the additional rate for England, Northern Ireland and Wales for 2020 to 2021 was corrected to over £150,000, and the starting rate for savings for England, Northern Ireland, Wales and Scotland was corrected to 0%¹.

The page also records that the historical and future rates section was updated on 15 January 2024 for a Scottish Budget announcement on 19 December 2023, and that the Scotland tax rates and bands table was updated on 14 December 2023 to confirm that the 42% higher rate and 47% top rate applied for 2023 to 2024¹. A separate entry on 9 December 2022 records that rates for tax on dividends were updated¹.

The publication does not set out the individual rates and thresholds for 2025 to 2026 in the update log itself; those sit in the linked document, Income Tax rates and allowances for current and previous tax years¹. The update log does not state whether any rate or threshold changed in value for 2025 to 2026, only that the figures were updated¹.

Why it matters for households

Income Tax is collected on earnings, pension income, savings interest and dividends, and the rates and bands published by HMRC are the figures used to work out a bill. The 2025 to 2026 figures apply to income received in that tax year, which ran from 6 April 2025 to 5 April 2026¹. The 2026 to 2027 figures, published on 6 April 2026, apply from that date¹.

The corrections logged on the page matter for anyone whose tax was calculated using the earlier, incorrect figures. The 2021 to 2022 personal allowance was corrected to £12,570, and the basic and higher rate thresholds for England, Northern Ireland and Wales for that year were corrected to £37,700 and £37,701 respectively¹. The 2020 to 2021 additional rate for England, Northern Ireland and Wales was corrected to over £150,000, and the starting rate for savings was corrected to 0% across England, Northern Ireland, Wales and Scotland¹.

Scotland has its own Income Tax rates and bands, and the page records a Scottish Budget announcement on 19 December 2023 feeding into the historical and future rates section¹. The 42% higher rate and 47% top rate were confirmed as applying for 2023 to 2024¹.

What happens next

The publication is revised at the start of each tax year. The most recent entry, dated 6 April 2026, records that rates, allowances and duties were updated for 2026 to 2027¹. The page states that it holds rates for the current and previous three tax years¹. No further dated changes are set out in the update log beyond that entry¹.