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2025/26 Income Tax

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  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,659 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    uknick said:

    Often coupled with a complete lack of any actual knowledge about what they are commenting on!
    Are we still talking about tax payers, or have we moved onto politicians?
    I meant those commenting on social media etc really.

    But both can apply at times!
  • chrisbur
    chrisbur Posts: 4,258 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 9 February at 3:48PM
    No idea why but the .GOV site uses two different ways of showing the tax band details on different parts of the site.  I think they would do better to stick with the second format.

    The standard employee personal allowance for the 2025 to 2026 tax year is:
    £242 per week
    £1,048 per month
    £12,570 per year
    PAYE tax rate Rate of tax Annual earnings the rate applies to
    (above the PAYE threshold)
    Basic tax rate 20% Up to £37,700
    Higher tax rate 40% From £37,701 to £125,140
    Additional tax rate 45% Above £125,140

    The table shows the tax rates you pay in each band if you have a standard Personal Allowance of £12,570.

    Band                          Taxable income       Tax rate
    Personal Allowance        Up to £12,570        0%
    Basic rate               £12,571 to £50,270        20%
    Higher rate            £50,271 to £125,140       40%
    Additional rate        over £125,140                45%


  • Nomunnofun1
    Nomunnofun1 Posts: 692 Forumite
    500 Posts Name Dropper
    chrisbur said:
    No idea why but the .GOV site uses two different ways of showing the tax band details on different parts of the site.  I think they would do better to stick with the second format.

    The standard employee personal allowance for the 2025 to 2026 tax year is:
    £242 per week
    £1,048 per month
    £12,570 per year
    PAYE tax rate Rate of tax Annual earnings the rate applies to
    (above the PAYE threshold)
    Basic tax rate 20% Up to £37,700
    Higher tax rate 40% From £37,701 to £125,140
    Additional tax rate 45% Above £125,140

    The table shows the tax rates you pay in each band if you have a standard Personal Allowance of £12,570.

    Band                          Taxable income       Tax rate
    Personal Allowance        Up to £12,570        0%
    Basic rate               £12,571 to £50,270        20%
    Higher rate            £50,271 to £125,140       40%
    Additional rate        over £125,140                45%


    Yes - confusing! Just below the second ‘method’ it states: 


    You can also see the rates and bands without the Personal Allowance. You do not get a Personal Allowance on taxable income over £125,140.

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