The Personal Allowance and basic rate limit for income tax, and certain National Insurance contributions (NICs) thresholds, from 6 April 2026 to 5 April 2028
This tax information and impact note is about maintaining the Personal Allowance and the basic rate limit, and various NICs thresholds, at their current levels up to and including 2027 to 2028.
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This measure maintains the current Income Tax Personal Allowance and basic rate limit at the current level from 6 April 2026 to 5 April 2028. It will set the Personal Allowance at £12,570 and the basic rate limit at £37,700 for the tax years:
- 2026 to 2027
- 2027 to 2028
The higher rate threshold will be £50,270 until 5 April 2028.
The Primary Threshold for Class 1 NICs, the Lower Profits Threshold for Class 2 NICs and Lower Profits Limit for Class 4 NICs will remain aligned with the Personal Allowance for Income Tax for these years.
The NICs Upper Earnings Limit and Upper Profits Limit will remain aligned to the higher rate threshold at £50,270 for these years.