{"$schema":"https://schema.org/Dataset","name":"UK pension and tax rates and allowances 2025-26","taxYear":"2025-26","source":{"publisher":"ParaplanAI","url":"https://www.paraplanai.co.uk/rates/2025-26","landing":"https://www.paraplanai.co.uk/rates","configVersion":"2025-26-v1.16","verifiedDate":"2026-07-03","verifiedAgainst":"HMRC Income Tax rates 2025-26; F(No.2)A 2023 ss.20-22 (AA £60k per s.20(2), taper floor £10k per s.22(2)(a), MPAA £10k per s.21(2)(a), ART £125,140 retained); IPTM3820 / HMRC Agent Update 83 (2021) (Bond PSA recalc); FA 2024 Sch 9 (LSA £268,275, LSDBA £1,073,100); HMRC PTM171000, PTM172000, PTM174700 (FP2016 — LSA £312,500 / LSDBA £1,250,000, stated verbatim on that page); priorSeptemberCPI=1.7% (Sept 2024, ONS series D7G7 dataset MM23) per FA 2004 s.235(3) / PTM053301 DB-PIA opening-value revaluation; dividend rates 8.75%/33.75%/39.35% + £500 allowance (ITTOIA 2005 Part 4 Ch 3, gov.uk/tax-on-dividends); trust rate 45% / dividend trust rate 39.35% (ITA 2007 s.9; IPTM3250); HICBC threshold £60,000 / 1% per £200 / 100% at £80,000, Child Benefit £26.05 eldest + £17.25 additional weekly (ITEPA 2003 s.681B-H; gov.uk/child-benefit-tax-charge + gov.uk/child-benefit-rates, verified 2026-06-01); trust GBP500 de-minimis - trustees' net income <= GBP500 treated as GBP0, cliff edge above, GBP100 floor per settlement (ITA 2007 s.24B inserted by F(2)A 2023 Sch 2; s.491 standard rate band repealed from 2024-25); employee Class 1 NIC primary threshold GBP12,570 / UEL GBP50,270 / main rate 8% / additional rate 2% (gov.uk/national-insurance-rates-letters; HMRC NIM01001, verified 2026-06-23); employer (secondary) Class 1 threshold GBP5,000 / rate 15% from 6 April 2025 (NICs (Secondary Class 1 Contributions) Act 2025; gov.uk Rates and thresholds for employers 2025 to 2026; SSCBA 1992 s.9, verified 2026-06-23); Tax-Free Childcare top-up GBP2,000/child (GBP4,000 disabled) + GBP100,000 either-parent ANI cliff (gov.uk/tax-free-childcare); funded-hours estimate uses DfE national average funding rate GBP6.12/hr for 3-4 year-olds (gov.uk/government/publications/early-years-funding-2025-to-2026) x 15 hrs/wk x 38 wks - a LABELLED ESTIMATE that varies by child age, local authority and provider, not a statutory figure; Scottish non-savings bands 2025-26 starter 19%/basic 20%/intermediate 21%/higher 42%/advanced 45%/top 48%, thresholds GBP15,397/27,491/43,662/75,000/125,140 (gov.scot/publications/scottish-income-tax-rates-and-bands, standard PA GBP12,570; savings+dividends UK-wide)","attribution":"ParaplanAI — UK Pension & Tax Rates (https://www.paraplanai.co.uk/rates)","notes":"Figures are read from the versioned configuration the ParaplanAI calculation engine computes against. verifiedDate is the date recorded for the configuration’s official-source verification; verifiedAgainst lists the sources and any per-item dates (internal engineering notes are omitted). Some configVersions change only the verifiedAgainst notes, so a new configVersion does not by itself mean a figure changed. Money values in GBP; rates in percent. For planning and illustration purposes only; not financial or tax advice."},"units":{"money":"GBP","rates":"percent"},"sections":[{"id":"pension-annual-allowance","heading":"Pension annual allowance","url":"https://www.paraplanai.co.uk/rates/2025-26#pension-annual-allowance","citation":"PTM055100 · PTM057100 · PTM056510 · FA 2004 s.190 & s.235 · PTM053301"},{"id":"lump-sum-allowances","heading":"Lump sum allowances","url":"https://www.paraplanai.co.uk/rates/2025-26#lump-sum-allowances","citation":"FA 2024 Sch 9 · PTM171000 · PTM172000 · PTM174700"},{"id":"income-tax","heading":"Income tax — England, Wales & Northern Ireland","url":"https://www.paraplanai.co.uk/rates/2025-26#income-tax","citation":"ITA 2007 s.10 & s.35 (rates, bands, personal-allowance withdrawal)"},{"id":"scottish-income-tax","heading":"Income tax — Scotland (non-savings)","url":"https://www.paraplanai.co.uk/rates/2025-26#scottish-income-tax","citation":"Scotland Act 2016 s.13; rates set by the Scottish Parliament (gov.scot). ITA 2007 s.35 (personal allowance). Savings, dividends, the personal allowance and its withdrawal are UK-wide."},{"id":"savings-and-dividends","heading":"Savings & dividends","url":"https://www.paraplanai.co.uk/rates/2025-26#savings-and-dividends","citation":"ITA 2007 s.12 & ss.12A–12B (starting rate, PSA) · ITA 2007 s.13A (dividend nil rate)"},{"id":"national-insurance","heading":"National Insurance (Class 1)","url":"https://www.paraplanai.co.uk/rates/2025-26#national-insurance","citation":"SSCBA 1992 s.8 (employee) & s.9 (employer)"},{"id":"child-benefit","heading":"Child Benefit & the High Income Charge","url":"https://www.paraplanai.co.uk/rates/2025-26#child-benefit","citation":"ITEPA 2003 s.681B–681H · SSCBA 1992 s.141"},{"id":"childcare","heading":"Childcare support & the £100k eligibility limit","url":"https://www.paraplanai.co.uk/rates/2025-26#childcare","citation":"Childcare Payments Act 2014 s.1 & Childcare Act 2016 (funded hours)"},{"id":"trusts","heading":"Trusts","url":"https://www.paraplanai.co.uk/rates/2025-26#trusts","citation":"ITA 2007 s.9 & s.479"},{"id":"cgt-and-isa","heading":"Capital gains & ISA","url":"https://www.paraplanai.co.uk/rates/2025-26#cgt-and-isa","citation":"TCGA 1992 s.1K & s.1H · ITTOIA 2005 s.694 (ISA regulations)"}],"pension":{"standardAnnualAllowance":60000,"taperThresholdIncome":200000,"taperAdjustedIncome":260000,"taperReduction":"£1 for every £2 of adjusted income over the adjusted-income gate","taperFloor":10000,"moneyPurchaseAnnualAllowance":10000,"reliefBasicAmount":3600,"dbRevaluationPriorSeptemberCpiPercent":1.7},"lumpSumAllowances":{"lumpSumAllowance":268275,"lumpSumAndDeathBenefitAllowance":1073100,"protectionCeilings":{"fixedProtection2012":{"lsa":450000,"lsdba":1800000},"fixedProtection2014":{"lsa":375000,"lsdba":1500000},"fixedProtection2016":{"lsa":312500,"lsdba":1250000}}},"incomeTaxRuk":{"personalAllowance":12570,"personalAllowanceWithdrawnFrom":100000,"basicRateBand":37700,"additionalRateThreshold":125140,"basicRatePercent":20,"higherRatePercent":40,"additionalRatePercent":45},"incomeTaxScotland":{"note":"Non-savings bands only; savings, dividends and the personal allowance are UK-wide.","basis":"Band boundaries are GROSS income assuming the full UK personal allowance, matching gov.scot's published table; band widths are TAXABLE income. bandsAnchoredAtPersonalAllowance plus the cumulative widths reproduce the boundaries.","bandsAnchoredAtPersonalAllowance":12570,"lowerBands":[{"name":"Starter rate","ratePercent":19,"taxableBandWidth":2827,"grossIncomeFrom":12571,"grossIncomeTo":15397},{"name":"Scottish basic rate","ratePercent":20,"taxableBandWidth":12094,"grossIncomeFrom":15398,"grossIncomeTo":27491},{"name":"Intermediate rate","ratePercent":21,"taxableBandWidth":16171,"grossIncomeFrom":27492,"grossIncomeTo":43662},{"name":"Higher rate","ratePercent":42,"taxableBandWidth":31338,"grossIncomeFrom":43663,"grossIncomeTo":75000}],"advancedRatePercent":45,"advancedRateThreshold":75000,"topRatePercent":48,"topRateThreshold":125140},"savingsAndDividends":{"personalSavingsAllowance":{"basicRate":1000,"higherRate":500,"additionalRate":0},"startingRateForSavingsBand":5000,"startingRateForSavingsPercent":0,"dividendAllowance":500,"dividendRatesPercent":{"ordinary":8.75,"upper":33.75,"additional":39.35}},"nationalInsurance":{"employeePrimaryThreshold":12570,"employeeUpperEarningsLimit":50270,"employeeMainRatePercent":8,"employeeUpperRatePercent":2,"employerSecondaryThreshold":5000,"employerRatePercent":15},"childBenefit":{"weeklyFirstChild":26.05,"weeklyAdditionalChild":17.25,"hicbcLowerLimit":60000,"hicbcClawback":"1% of the Child Benefit per £200 of adjusted net income over the lower limit"},"childcare":{"taxFreeChildcareAnnualCapPerChild":2000,"taxFreeChildcareAnnualCapPerDisabledChild":4000,"adjustedNetIncomeCliff":100000},"trusts":{"trustRatePercent":45,"trustDividendRatePercent":39.35,"standardRateBand":null},"capitalGainsAndIsa":{"cgtAnnualExemptAmount":3000,"cgtRateBasicPercent":18,"cgtRateHigherPercent":24,"cgtRateScope":"excluding carried interest gains","cgtRatesByPeriod":null,"isaAnnualSubscriptionLimit":20000}}