What changes in April 2027
The 2027/28 tax year starts on 6 April 2027. This page lists the changes to tax, pay, savings and student loans that are already confirmed or announced, and the figures the government has still to set. It is updated when each figure is announced.
This is information, not advice. Announced changes can still change before they become law. Property income rates for Scottish and Welsh taxpayers may differ from the rates shown.
Last checked 12 October 2026. Each row links to its official source.
Confirmed
In law, or set out in HMRC guidance.
| What | Change | From April 2027 | Source |
|---|---|---|---|
| Income Tax thresholds | The Personal Allowance and higher rate threshold stay frozen. | £12,570 Personal Allowance; higher rate from £50,270 | www.legislation.gov.uk |
| Tax on savings income | Savings income rates rise by two percentage points. | 22%, 42% and 47% | www.legislation.gov.uk |
| Tax on property income | Rental and other property income gets its own rates, two points above the main rates. | 22%, 42% and 47% | www.legislation.gov.uk |
| Making Tax Digital for Income Tax | Self-employed people and landlords with qualifying income over £30,000 must keep digital records and send quarterly updates. | Income over £30,000 in 2025/26 | www.gov.uk |
Announced, not yet in law
Government policy that still needs regulations or a Finance Act.
| What | Change | From April 2027 | Source |
|---|---|---|---|
| National Insurance thresholds | Employee thresholds stay at their current levels. | Thresholds stay at £12,570 and £50,270 | www.gov.uk |
| Order of allowances | The Personal Allowance is set against earnings, trading or pension income before savings, property or dividends. | No new figure | www.gov.uk |
| Cash ISA limit | The yearly cash ISA limit falls for people under 65. The overall ISA allowance stays the same. | £12,000 for under-65s; £20,000 for 65 and over | www.gov.uk |
| Plan 2 student loan threshold | The Plan 2 repayment threshold is frozen for three years. | £29,385 a year | www.gov.uk |
| Benefits in kind | Employers must report most benefits in kind, such as company cars, through payroll. | No new figure | www.gov.uk |
Still to be decided
Figures the government sets later in the year.
| What | Change | From April 2027 | Source |
|---|---|---|---|
| State Pension | The rise is set by the triple lock after the September inflation figure, published on 21 October 2026. | Not yet announced | www.ons.gov.uk |
| National Living Wage | The Low Pay Commission recommends the April 2027 rates; the government then decides. | Not yet announced | www.gov.uk |
What stays the same
The Income Tax and National Insurance thresholds stay frozen, so a pay rise will move more of your income into tax, as it has since 2021. The income tax rates page shows what the freeze costs at each salary. For the figures that apply now, see the 2026/27 tax year at a glance, and for dated deadlines such as Self Assessment, see UK money deadlines.