What's Changed for the 2026/27 Tax Year

The 2026/27 tax year runs from 6 April 2026 to 5 April 2027. Here's what's actually different from 2025/26 — and what's stayed exactly the same.

Stayed the same

Income Tax thresholds — Personal Allowance £12,570, basic/higher/additional rate bands, all frozen, as they have been since 2021, and are due to stay frozen until at least 2031.
National Insurance — employee rates (8%/2%) and thresholds unchanged from 2025/26.
Employer NI — still 15% above the £5,000 Secondary Threshold, unchanged since April 2025.

Actually changed

Student loan thresholds rose — Plan 1, Plan 2 and Plan 4 repayment thresholds are all higher for 2026/27, meaning slightly less comes out of your pay each month at the same salary. Plan 2 rises to £29,385 (though it's due to then freeze at that level until April 2030). Plan 5 and the Postgraduate loan threshold are unchanged.
Electric vehicle Benefit-in-Kind rate rose — from 3% to 4% for pure electric company cars, as part of a pre-announced schedule (rising again to 5% in 2027/28).
Making Tax Digital for Income Tax begins for sole traders and landlords with qualifying income over £50,000 from 6 April 2026 — a new digital record-keeping requirement, not a rate change.

MoneyZio's calculators are built using verified 2026/27 figures throughout — see each calculator's "How this is calculated" section for the specific rates used.