Skip to content
moneyguideMake your next move count. Search
Menu
UK money guidance. Clear answers. Practical next steps.Partner offers are labelled Ad. How we make money
Reference

Current UK rates & allowances

Links marked * are commercial or go to our partner sites, which share our operator. Third-party companies may pay us commission. How we make money.

A single reference page for the UK personal-finance rates, thresholds and allowances that change most often. Every figure is cited to its primary source with its own verification date. These are dated reference figures, so check the source for changes after that date before making a decision. Download the same table as CSV or the Frictionless Data Package (CC BY 4.0). How figures are checked: verification method.

Latest individual rate check:

By the Money Guide editorial team · Editorial responsibility: Kaiser Khan, Editorial Director · How we check facts

Interest rates & inflation

Interest rates & inflation: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
Bank Rate (Bank of England)3.75%Held at 3.75% on 17 September 2026 (MPC vote 6–3; three members voted to raise it to 4%). Next scheduled MPC decision: 5 November 2026. This is a dated reference, not a live feed.Source: Bank of England
CPI inflation (12-month rate)3.1%Annual CPI inflation in August 2026 (up from 2.9% in July), released by ONS on 16 September 2026. Next release: 21 October 2026. CPIH was 3.3%; these are different measures.Source: Office for National Statistics

Income tax & NI

Income tax & NI: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
Personal AllowanceFrom 6 April 2026£12,570Frozen until April 2031. Taper applies above £100,000.Source: HMRC — tax thresholds to April 2031 and Personal Allowances
Basic rate bandFrom 6 April 2026£37,70020% band up to £37,700 above the Personal Allowance (so taxable income up to £50,270).Source: HMRC
Higher rate thresholdFrom 6 April 2026£50,27040% rate from £50,270 to £125,140 (England, Wales, NI).Source: HMRC
Additional rate thresholdFrom 6 April 2026£125,14045% rate above £125,140.Source: HMRC
Employee National Insurance (main rate)From 6 April 20268%Class 1 main rate on earnings between £242 and £967 per week. 2% above £967/week.Source: HMRC — NI rates and thresholds
Self-employed Class 4 NIFrom 6 April 20266% / 2%6% on profits between £12,570 and £50,270; 2% above. Class 2 effectively abolished from April 2024 for most.Source: HMRC
Marriage Allowance transferFrom 6 April 2026£1,260Transferable Personal Allowance — saves the recipient spouse up to £252 a year.Source: HMRC
Trading allowance£1,000Tax-free allowance for casual self-employed and miscellaneous income.Source: HMRC

Savings & investments

Savings & investments: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
ISA allowanceFrom 6 April 2026£20,000Combined annual allowance across Cash, Stocks & Shares, Innovative Finance and Lifetime ISAs, fixed at £20,000 until April 2031. From 6 April 2027 no more than £12,000 of it can go into cash ISAs if you are under 65.Source: HMRC
Junior ISA allowanceFrom 6 April 2026£9,000Per child each tax year.Source: HMRC
Lifetime ISA allowanceFrom 6 April 2026£4,000Counts towards the £20,000 ISA cap. 25% government bonus on contributions.Source: HMRC
Personal Savings Allowance£1,000 / £500 / £0£1,000 basic rate, £500 higher rate, £0 additional rate.Source: HMRC
Dividend allowanceFrom 6 April 2026£500Annual dividend amount taxed at 0% before normal dividend rates apply. Dividend rates from 6 April 2026: 10.75% basic, 35.75% higher, 39.35% additional.Source: HMRC
Capital Gains Tax annual exempt amountFrom 6 April 2026£3,000Tax-free gains. Spouses each have their own allowance.Source: HMRC
Premium Bonds maximum holding£50,000Per person. Minimum £25 per single purchase.Source: NS&I

Pensions & State Pension

Pensions & State Pension: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
Pension annual allowance£60,000Standard limit on tax-relieved pension contributions. Tapered for very high earners; reduced to MPAA of £10,000 after a flexible drawdown.Source: HMRC
Money Purchase Annual Allowance (MPAA)£10,000Triggered when you flexibly access a defined contribution pension.Source: HMRC — pension schemes rates
Lump Sum Allowance£268,275Maximum tax-free pension lump sum across your lifetime since 6 April 2024.Source: HMRC
State Pension age66–67The State Pension age is increasing from 66 to 67 between April 2026 and April 2028. Your exact date depends on your date of birth; use the government checker.Source: gov.uk State Pension age
Full new State Pension (2026/27)From 6 April 2026£241.30 / week£12,547.60 over 52 weeks at the full rate. Your entitlement depends on your National Insurance record and any pre-April-2016 transitional calculation; check your personal forecast.Source: gov.uk — The new State Pension

Benefits & living standards

Benefits & living standards: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
National Living Wage (21+)From 1 April 2026£12.71 / hourStatutory minimum for workers aged 21 and over from 1 April 2026. Different rates apply for younger workers and qualifying apprentices.Source: Low Pay Commission / gov.uk
Child Benefit (eldest/only child)From 6 April 2026£27.05 / weekWeekly rate uprated from April 2026. Additional children are paid at £17.90 a week.Source: HMRC
High Income Child Benefit Charge — taper start£60,000Higher earner's adjusted net income. 100% clawback by £80,000. Threshold rose from £50,000 in April 2024.Source: HMRC
Statutory redundancy pay — weekly capFrom 6 April 2026£751 / weekFor redundancies on or after 6 April 2026 in England, Wales and Scotland. Service is capped at 20 years; maximum statutory payment £22,530. Northern Ireland has separate limits.Source: gov.uk

Energy & bills

Energy & bills: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
Ofgem energy price cap (GB, dual-fuel typical)Updated quarterly — see OfgemSet every three months by Ofgem and applies to default tariffs in Great Britain. Northern Ireland has a separate regulator.Source: Ofgem
Fuel duty (petrol & diesel)52.95p / litreStandard rate for petrol and diesel. The temporary 5p cut has been extended to 31 December 2026. Under current legislation the rate is due to rise to 55.95p from 1 January 2027 and 57.95p from 1 March 2027; the government says final rates will be confirmed at Budget 2026.Source: HMRC

Consumer protection

Consumer protection: current UK rates and allowances with sources
Rate / allowanceCurrent valueNotesVerified
FSCS deposit protectionFrom 1 December 2025£120,000Per eligible person, per authorised bank, building society or credit union, across brands sharing one banking licence. Qualifying temporary high balances may be protected up to £1.4 million for six months.Source: Financial Services Compensation Scheme
Section 75 (Consumer Credit Act)£100 – £30,000Credit card joint liability cover applies to purchases of more than £100 and up to £30,000.Source: Financial Conduct Authority / Consumer Credit Act 1974
APP scam mandatory reimbursement capFrom 7 October 2024£85,000Per claim under the PSR's mandatory reimbursement rules (Faster Payments, in force from 7 October 2024). Sending and receiving firms split the cost 50/50.Source: Payment Systems Regulator