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GUIDES
United Kingdom
England, Scotland, and Wales are not one property tax and not one income tax.
UK Income Tax Bands 2026/27
England, Wales, and Northern Ireland income tax for 2026/27: personal allowance £12,570, basic rate 20% to £37,700 of taxable income, then 40%, then 45% above £125,140.
National Insurance 2026/27
Employee Class 1 National Insurance for 2026/27 is 8% between £12,570 and £50,270 a year, then 2%. The primary threshold and upper earnings limit did not move.
UK Student Loan Repayments 2026/27
Annual student loan thresholds for 2026/27: Plan 1 £26,900, Plan 2 £29,385, Plan 4 £33,795, Plan 5 £25,000, postgraduate £21,000. Undergraduate plans are 9%. Postgraduate is 6%.
Scottish Income Tax 2026/27
Scottish income tax bands for 2026/27 from gov.scot: 19% to £16,537, 20% to £29,526, 21% to £43,662, 42% to £75,000, 45% to £125,140, 48% above. National Insurance is unchanged.
UK Salary Sacrifice and Take-Home Pay
A salary sacrifice cuts the pay that income tax, employee National Insurance, and student loan are calculated on. At £42,000, 5% sacrificed saves tax and NI and still goes into the pension.
SDLT 2026
Stamp Duty Land Tax on a home in England or Northern Ireland: 0% to £125,000, then 2%, 5%, 10%, and 12%. Additional homes add 5% of the price. First-time buyer relief ends above £500,000.
Scotland LBTT 2026
Land and Buildings Transaction Tax on a Scottish home: 0% to £145,000, 2% to £250,000, 5% to £325,000, 10% to £750,000, 12% above. Additional dwellings add 8% of the price.
Wales LTT 2026
Land Transaction Tax on a Welsh home: 0% to £225,000, 6% to £400,000, 7.5% to £750,000, 10% to £1.5 million, 12% above. Higher rates for additional homes start at 5%.
First-Time Buyer Stamp Duty
English first-time buyer relief is 0% to £300,000 if the price is £500,000 or less. Scotland widens the nil-rate band to £175,000. Wales does not copy the English relief.
Read the rule, not just the result
The long pages are where the brackets, the wage base, and the three UK property taxes are written out.