18 December 2024
Following Scottish and Welsh budget announcements, the HM Revenue and Customs (HMRC) Software Developer Support Team has confirmed the below income tax information for 2025/26.
There are no changes to the originally confirmed rates and thresholds for England and Northern Ireland.
2025-2026
Personal Allowance:
£12,570
PAYE Thresholds:
Weekly: £242 Monthly: £1,048
Standard / Emergency tax code:
1257L
Tax Code uplifts:
• L: N/A due to no change in the Personal Allowance
• M: N/A due to no change in the Personal Allowance
• N: N/A due to no change in the Personal Allowance
Income Tax rates and thresholds – England & Northern Ireland
Basic rate (BR) 20% 1 – 37,700
Higher rate (D0) 40% 37,701 – 125,140
Additional rate (D1) 45% 125,141 >
Income Tax rates and thresholds – Scotland
Starter rate 19% 1 – 2,827
Basic rate (SBR) 20% 2,828 – 14,921
Intermediate rate (SD0) 21% 14,922 – 31,092
Higher rate (SD1) 42% 31,093 – 62,430
Advanced rate (SD2) 45% 62,431 – 125,140
Top rate (SD3) 48% 125,141 >
Income Tax rates and thresholds are subject to parliamentary approval.
Income Tax rates and thresholds – Wales
Basic rate (CBR) 20% 1 – 37,700
Higher rate (CD0) 40% 37,701 – 125,140
Additional rate (CD1) 45% 125,141 >
Income Tax rates and thresholds are subject to parliamentary approval.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.