UK Income Tax (2025/26)
Most taxpayers receive a tax-free personal allowance of £12,570. Income above the allowance is taxed in three bands: basic (20%), higher (40%), and additional (45%).
Above £100,000, the personal allowance is reduced by £1 for every £2 of income over £100,000.
| Band | Rate |
|---|---|
| Basic rate (up to £37,700 taxable) | 20% |
| Higher rate | 40% |
| Additional rate | 45% |