3 Autumn Budget | 26 November 2025 Main personal allowances and reliefs 2026/27 2025/26 Personal allowance¹ £12,570 £12,570 Married couple’s / civil partners’ transferable allowance £1,260 £1,260 Blind person’s allowance TBA² £3,130 Rent-a-room relief £7,500 £7,500 Property allowance and trading allowance (each) £1,000 £1,000 1. Personal allowance reduced by £1 for every £2 of adjusted net income over £100,000. 2. Due to increase by 3.8% but the figure has not been confirmed. Income tax rates and bands 2026/27 2025/26 UK taxpayers excluding Scottish taxpayers’ non-dividend, non-savings income 20% basic rate on taxable income up to £37,700 £37,700 40% higher rate on next slice over £37,700 £37,700 45% additional rate on income over £125,140 £125,140 All UK taxpayers Starting rate at 0% on band of savings income up to3 £5,000 £5,000 Personal savings allowance at 0%: basic rate taxpayers £1,000 £1,000 higher rate taxpayers £500 £500 additional rate taxpayers £0 £0 Dividend allowance at 0% tax – all individuals £500 £500 Tax rates on dividend income: basic rate taxpayers 10.75% 8.75% higher rate taxpayers 35.75% 33.75% additional rate taxpayers 39.35% 39.35% 3. Not available if taxable non-savings income exceeds the starting rate band. Scottish taxpayers’ non-dividend, non-savings income 2026/27 2025/26 19% starter rate on taxable income up to TBA £2,827 20% basic rate on next slice up to TBA £14,921 21% intermediate rate on next slice up to TBA £31,092 42% higher rate on next slice up to TBA £62,430 45% advanced rate on next slice up to TBA £125,140 48% top rate on income over TBA £125,140 The Scottish Budget will be published on 13 January 2026. Trusts 2026/27 2025/26 Income exemption generally £500 £500 Dividends (rate applicable to trusts) 39.35% 39.35% Other income (rate applicable to trusts) 45% 45% High income child benefit charge: 1% of benefit per £200 adjusted net income between £60,000 and £80,000. Personal taxation
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