Reference
Tax rates & allowances.
Up-to-date UK rates for the current and prior tax year, side by side.
Income tax
Rates, bands and personal allowances for England, Wales, Scotland and Northern Ireland.
ViewNational insurance
Class 1, 1A, 2, 3 and 4 thresholds and rates for employees, employers and self-employed.
ViewCapital gains tax
Annual exempt amount, residential property rates and Business Asset Disposal Relief.
ViewCorporation tax
Main rate, small profits rate and marginal relief.
ViewValue added tax
Standard, reduced and zero rates plus registration thresholds.
ViewInheritance tax
Nil-rate band, residence nil-rate band and main rate.
ViewStamp duty & land taxes
SDLT, LBTT and LTT bands for residential, additional and first-time buyer purchases.
ViewCapital allowances
Annual investment allowance, full expensing and writing-down rates.
ViewPensions
Annual allowance, lump sum allowance and tapering thresholds.
ViewISA limits
Annual subscription limits for adult, junior and lifetime ISAs.
ViewMinimum wage
National Living Wage and age-banded minimum wage rates.
ViewStatutory pay
SSP, SMP/SPP/ShPP/SAP weekly amounts.
ViewChild benefit & tax credits
Weekly rates and the high income child benefit charge.
ViewTax reliefs for individuals
EIS, SEIS, VCT and SITR reliefs and limits.
ViewVehicles
Benefit-in-kind percentages by CO₂ emissions and fuel-only mileage rates.
ViewDividend tax
Dividend allowance and rates.
ViewOfficial sources
Verified against GOV.UK
Our tables follow HMRC. These are the authoritative GOV.UK pages and when each was last updated there.
- Income Tax rates & allowances Updated 7 November 2024
- National Insurance rates Updated 8 November 2024
- Capital Gains Tax Updated 30 October 2024
- Inheritance Tax rates Updated 5 April 2026
- Corporation Tax rates Updated 31 March 2016
- VAT rates Updated 12 December 2014
- Stamp Duty Land Tax rates Updated 1 April 2025
- National Minimum Wage rates Updated 30 October 2024
Frequently asked
Which tax year do these tables show?
The current one, with each page stating the year. Rates change at different points — most from 6 April, corporation tax from 1 April, and occasionally mid-year after a fiscal event — so the year a figure belongs to matters as much as the figure.
Do these rates apply in Scotland and Wales?
Not all of them. Scotland sets its own income tax bands and rates for non-savings income, and both Scotland and Wales have their own property transaction taxes in place of Stamp Duty Land Tax. National Insurance, capital gains, dividends and corporation tax are UK-wide.
Why is my effective rate higher than the band I am in?
Because several allowances taper. The personal allowance is withdrawn above £100,000, which produces a band where each extra pound of income costs far more than the headline rate suggests. The same effect appears with the child benefit charge and with the pension annual allowance for higher earners.
A threshold has not changed. Why is my tax higher?
That is usually the point. A threshold held at the same level while earnings rise pulls more income into a higher band every year without any rate being announced. Over several years a freeze can cost considerably more than a rate change that made the headlines.
Rates in context
Knowing the rate is not the same as knowing the bill.
Thresholds interact — allowances taper, reliefs stack, and the order you take income in changes the total. We plan for that.
Or call 07480 281548