Kevin Read looks at the income tax rises coming in April 2027.
At the November 2025 Budget, the Chancellor announced an increase in the tax rates applicable to income from property businesses and savings, which will apply from 6 April 2027.
On the horizon…
The basic, higher and additional rates on rental and savings income will all rise by two percentage points in 2027/28, to 22%, 42% and 47% respectively. These increases were legislated in Finance Act 2026.
