For the 2026/27 tax year (6 April 2026 to 5 April 2027) the personal allowance is GBP 12,570, the basic rate is 20% up to GBP 50,270, the VAT registration threshold is GBP 90,000, and the HMRC approved mileage rate for cars is 55p a mile for the first 10,000 business miles.
These figures are rendered from the constants Taxmo calculates with, so this page cannot disagree with the product. A machine-readable copy is at /uk-tax-rates.json
Income tax: England, Wales and Northern Ireland
Personal allowance
GBP 12,570
Basic rate
20% to GBP 50,270
Higher rate
40% to GBP 125,140
Additional rate
45% above GBP 125,140
Income tax: Scotland
Starter rate
19% to GBP 16,537
Basic rate
20% to GBP 29,526
Intermediate rate
21% to GBP 43,662
Higher rate
42% to GBP 75,000
Advanced rate
45% to GBP 125,140
Top rate
48% above GBP 125,140
VAT
Standard rate
20%
Reduced rate
5%
Registration threshold
GBP 90,000
Deregistration threshold
GBP 88,000
National Insurance, self-employed
Class 2
Not payable since April 2024
Class 4 lower profits limit
GBP 12,570
Class 4 upper profits limit
GBP 50,270
Class 4 main rate
6%
Class 4 additional rate
2%
Dividends
Dividend allowance
GBP 500
Basic rate
10.75%
Higher rate
35.75%
Additional rate
39.35%
HMRC approved mileage rates
Cars and vans, first 10,000 business miles
55p per mile
Cars and vans, above 10,000 miles
25p per mile
Motorcycles
24p per mile
Bicycles
20p per mile
Advisory fuel rates
Petrol, Up to 1400cc
14p per mile
Petrol, 1401 – 2000cc
17p per mile
Petrol, Over 2000cc
27p per mile
Diesel, Up to 1600cc
15p per mile
Diesel, 1601 – 2000cc
16p per mile
Diesel, Over 2000cc
22p per mile
LPG, Up to 1400cc
11p per mile
LPG, 1401 – 2000cc
13p per mile
LPG, Over 2000cc
20p per mile
Fully electric, home charging
7p per mile
Fully electric, public charging
15p per mile
Rates are point-in-time. Advisory fuel rates change quarterly; the rest are revised at least annually. Confirm against gov.uk before relying on a figure.