2026/27 allowances at a glance
| Allowance | Amount |
|---|---|
| Personal Allowance | £12,570 |
| Personal Savings Allowance | £1,000 basic / £500 higher / £0 additional |
| Starting rate for savings | Up to £5,000 |
| Dividend allowance | £500 |
| CGT annual exempt amount | £3,000 |
| Trading allowance | £1,000 |
| Property allowance | £1,000 |
| Rent a Room | £7,500 |
| ISA allowance | £20,000 |
| Pension annual allowance | £60,000 |
| Marriage Allowance transfer | £1,260 |
How they interact
The starting rate for savings shrinks by £1 for every £1 of non-savings income above the Personal Allowance, so most employees can't use it. The ISA limit is a contribution allowance: growth inside the ISA is tax-free on top.
An allowance is not an automatic claim
The name of an allowance does not establish that your circumstances qualify. Check the conditions and the relevant income type before applying a figure from an example.
Try it with your own numbers
Convert a gross UK salary into net pay for 2026/27.
Frequently asked questions
Is the ISA allowance changing?
The overall limit stays at £20,000, but from April 2027 under-65s will be able to put a maximum of £12,000 into cash ISAs.
Check it on GOV.UK: Income Tax rates and allowances (opens GOV.UK in a new tab) · National Insurance rates and category letters (opens GOV.UK in a new tab)
Sources
- GOV.UK: Income Tax rates and Personal Allowances
- GOV.UK: Tax on savings interest
- GOV.UK: Tax-free allowances on property and trading income
Tax year 2026/27. Check these official sources for current rules and deadlines.
Related calculators
- Salary Calculator — Convert a gross UK salary into net pay for 2026/27.
Related guides
- UK Tax Year Planner 2026/27: Deadlines, Tax Codes and Allowances — Every key date in the 2026/27 UK tax year: Self Assessment deadlines, payments on account, when tax codes change, and when to use or claim your allowances.
- The Personal Allowance Explained — How the £12,570 Personal Allowance works, who loses it, the £100,000 taper and the 60% trap, plus ways to protect it.
- Dividend Tax Explained — How dividends are taxed in 2026/27 after the rates rose to 10.
- Capital Gains Tax Explained — How Capital Gains Tax works in 2026/27, the £3,000 allowance, 18% and 24% rates, and when you need to report.