Sources and methodology

Tax year 2026/27 (6 April 2026 to 5 April 2027) · Last checked 5 November 2026 against HMRC rates · Sources and methodology

Our estimates use the published rates below.

Current rates

Tax rates apply from 6 April 2026 to 5 April 2027. NHS pay and pension parameters have their own effective dates.

Minimum wage rates

The 2026 minimum wage rates and take-home example also use the HMRC rates and thresholds listed above.

Historical income data

HMRC Table 3.1a, 2023/24 provides historical income context. It covers taxpayers only and is not projected to 2026/27.

How we verify the calculations

Our acceptance checks include annual examples and HMRC period payroll examples. Official period examples use the stated rounding tolerance. Annual estimates do not reproduce a complete payroll history.

Read how we calculate. If something looks wrong, email hello@paycompass.co.uk.

Update log

5 November 2026: Recorded 2026/27 rates, common tax codes and NI categories. Added annual estimates, worked salary examples and conversion calculators.