UK 2028 Income Tax

UK 2028-29 income tax: PA £12,570 still frozen, 20% basic to £50,270, 40% higher to £125,140, 45% above. PA tapers above £100k.

2028-29 Tax
Net
Effective
Gross income
Personal Allowance
Income tax
Effective rate
Net (before NI)
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The UK 2028-29 tax year (April 6, 2028 - April 5, 2029) continues the frozen Personal Allowance at £12,570 — the freeze announced in Budget 2021 originally set to thaw 2026 has been extended. Higher rate threshold £50,270, additional rate £125,140. PA tapers £1 for every £2 above £100,000.

Frozen Allowance Bracket Creep

PA frozen at £12,570 since April 2021. Through 2028-29 = 7+ years of frozen threshold while wages rise. Estimated 4+ million additional taxpayers dragged into higher rate band. Effective tax increase via fiscal drag of ~£40bn/year by Budget 2028 estimates.

Scottish Rate Separates

Scotland sets own rates: 19% starter, 20% basic, 21% intermediate, 42% higher, 45% advanced, 48% top. Higher rate starts £43,662 vs £50,270 rUK = Scottish taxpayers pay more at middle incomes. Applies to non-savings, non-dividend income; rUK rates still apply to savings/dividends.

PA Taper £100k-£125,140

Personal Allowance reduces £1 for every £2 above £100k. Fully gone at £125,140. Creates effective 60% marginal rate band — a major UK tax cliff. Pension contributions in this band reclaim PA and yield 60p back per £1 contributed. Powerful planning lever.

Last updated May 2026. Sources: HMRC Income Tax.