Income Tax rates and bands
Enacted main rates for non-savings, non-dividend income in England and Northern Ireland.
Enacted main rates for non-savings, non-dividend income in England and Northern Ireland.
Main Income Tax rates for 2026–27
Reviewed · Current · Law · 6 April 2026 to 5 April 2027
20%
£37,700
40%
£125,140
45%
Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
These main rates apply directly to supported income only where the individual is neither a Scottish nor a Welsh taxpayer. The annual Finance Act sets the percentages; section 10 sets the limits and extension rules.
Exceptions and branches
- Scottish and Welsh taxpayers have distinct charging provisions.
- Savings, dividends and specially rated income use separate rules.
- Gift Aid and qualifying pension contributions can extend rate limits.
Main Income Tax rates for 2023–24
Reviewed · Historic · Law · 6 April 2023 to 5 April 2024
20%
£37,700
40%
£125,140
45%
Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
These main rates apply directly to supported income only where the individual is neither a Scottish nor a Welsh taxpayer. The annual Finance Act sets the percentages; section 10 sets the limits and extension rules.
Exceptions and branches
- Scottish and Welsh taxpayers have distinct charging provisions.
- Savings, dividends and specially rated income use separate rules.
- Gift Aid and qualifying pension contributions can extend rate limits.
Main Income Tax rates for 2024–25
Reviewed · Historic · Law · 6 April 2024 to 5 April 2025
20%
£37,700
40%
£125,140
45%
Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
These main rates apply directly to supported income only where the individual is neither a Scottish nor a Welsh taxpayer. The annual Finance Act sets the percentages; section 10 sets the limits and extension rules.
Exceptions and branches
- Scottish and Welsh taxpayers have distinct charging provisions.
- Savings, dividends and specially rated income use separate rules.
- Gift Aid and qualifying pension contributions can extend rate limits.
Main Income Tax rates for 2025–26
Reviewed · Historic · Law · 6 April 2025 to 5 April 2026
20%
£37,700
40%
£125,140
45%
Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
These main rates apply directly to supported income only where the individual is neither a Scottish nor a Welsh taxpayer. The annual Finance Act sets the percentages; section 10 sets the limits and extension rules.
Exceptions and branches
- Scottish and Welsh taxpayers have distinct charging provisions.
- Savings, dividends and specially rated income use separate rules.
- Gift Aid and qualifying pension contributions can extend rate limits.
Reviewed annual rate sets
| Tax year | Basic | Higher | Additional | Cumulative taxable-income limits | Status |
|---|---|---|---|---|---|
| 2023–24 | 20% | 40% | 45% | £37,700 / £125,140 | Historic |
| 2024–25 | 20% | 40% | 45% | £37,700 / £125,140 | Historic |
| 2025–26 | 20% | 40% | 45% | £37,700 / £125,140 | Historic |
| 2026–27 | 20% | 40% | 45% | £37,700 / £125,140 | Current |
These main rates apply directly to the supported income only where the individual is neither a Scottish nor a Welsh taxpayer. Scottish and Welsh status is determined under its own statutory tax-year test; Sterling does not infer it from a postcode.
What changed
-
5 April 2024: Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
-
5 April 2025: Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
-
5 April 2026: Non-savings, non-dividend income uses 20% up to £37,700 of taxable income, 40% above that up to £125,140, and 45% above £125,140.
Related concepts
Linked from
Sources
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Finance Act 2026, section 2 — Section 2. Primary authority.
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Income Tax Act 2007, section 10 — Section 10. Primary authority.
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Finance Act 2023, section 5 — Section 5. Primary authority.
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Finance Act 2023, section 6 — Section 6. Primary authority.
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Income Tax rates and allowances for current and previous tax years — Personal Allowances and non-savings Income Tax tables. Official guidance.
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Finance (No. 2) Act 2023, section 2 — Section 2. Primary authority.
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Finance (No. 2) Act 2024, section 2 — Section 2. Primary authority.
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Finance Act 2025, section 2 — Section 2. Primary authority.
Knowledge version: sterling-knowledge@2026-09-11.7. Last checked 11 September 2026.