New Tax Year 2026-27: Every Money Change From 6 April 2026
Every money change from 6 April 2026 — NLW, State Pension, EV road tax, stamp duty and more.
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Chandraketu Tripathi
Finance Editor, Kaeltripton
Published8 Apr 2026
Last reviewed14 May 2026
✓ Fact-checked
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⚡ New Tax Year 2026-27: Every Money Change From 6 April 2026 — Updated 6 April 2026 National Living Wage: £12.21/hr | Personal Allowance: £12,570 (frozen) | ISA allowance: £20,000 | State Pension: £221.20/week | EV road tax starts | Stamp duty thresholds revert
The new tax year started on 6 April 2026. This is one of the most significant years for financial changes in recent memory — National Living Wage rises, EV road tax begins, stamp duty thresholds change, and dividend tax rates shift. Here is every change that affects your money.
Key Money Changes from 6 April 2026
Change
What Happened
Impact
National Living Wage
Rises to £12.21/hour (+6.7%)
£1,400/year more for full-time NLW workers
State Pension
Rises to £221.20/week (+4.1% triple lock)
£11,502/year — up from £11,502
Personal Allowance
Frozen at £12,570
More people dragged into tax via fiscal drag
ISA allowance
Unchanged at £20,000
No change — can open multiple Cash ISAs
EV road tax
First year for EVs to pay VED
EVs now pay standard rate Vehicle Excise Duty
Stamp duty thresholds
First-time buyer threshold reverts to £300,000
Was £425,000 — costs more for FTBs above £300k
Dividend tax
Allowance stays at £500
Same as 2025-26
Capital gains tax
Annual exemption £3,000
Same as 2025-26
Pension annual allowance
£60,000
Unchanged
Corporation tax
25% main rate
Unchanged for profits above £250,000
National Living Wage — April 2026 Increase
Category
New Rate (April 2026)
Previous Rate
Increase
21+ (NLW)
£12.21/hour
£11.44
+6.7%
18–20
£10.00/hour
£8.60
+16.3%
16–17 / Apprentice
£7.55/hour
£6.40
+17.9%
State Pension — April 2026
The full new State Pension rises to £221.20/week (£11,502/year) from April 2026, an increase of £8.73/week. The triple lock guarantee (highest of earnings growth, inflation, or 2.5%) delivered a 4.1% increase based on earnings growth.
Stamp Duty Changes — April 2026
Buyer Type
Property Value
Stamp Duty Rate (from April 2026)
First-time buyer
Up to £300,000
0% (was 0% up to £425,000)
First-time buyer
£300,001–£500,000
5%
First-time buyer
Above £500,000
Standard rates apply — no FTB relief
Standard buyer
Up to £125,000
0%
Standard buyer
£125,001–£250,000
2%
Standard buyer
£250,001–£925,000
5%
⚠️ The first-time buyer stamp duty relief threshold reverted from £425,000 to £300,000 on 1 April 2026. First-time buyers purchasing properties between £300,001 and £500,000 now pay 5% stamp duty on the amount above £300,000 — potentially thousands more.
What changes on 6 April 2026?
The new 2026-27 tax year brings: National Living Wage rises to £12.21/hour, State Pension rises to £221.20/week, EV road tax begins, and Personal Allowance remains frozen at £12,570. Stamp duty first-time buyer threshold already reverted to £300,000 from 1 April 2026.
What is the Personal Allowance for 2026-27?
The Personal Allowance remains frozen at £12,570 for 2026-27 — the same as 2025-26. It is frozen until April 2028. With wages rising, more people are being pulled into Income Tax via fiscal drag.
When do EVs start paying road tax?
Electric vehicles started paying Vehicle Excise Duty (road tax) from 1 April 2026. New EVs registered from that date pay the standard first-year rate. EVs registered before April 2026 pay the standard ongoing rate from their renewal date after April 2026.
What is the ISA allowance for 2026-27?
The annual ISA allowance remains £20,000 for 2026-27 — unchanged. You can split this across Cash ISAs, Stocks and Shares ISAs, and Lifetime ISAs (max £4,000 to LISA). From April 2024, you can open multiple Cash ISAs in the same tax year.
Sources: HMRC tax changes April 2026 — GOV.UK · Low Pay Commission NLW April 2026 · DWP State Pension April 2026 · HMRC stamp duty changes · DVLA EV road tax April 2026
The content on Kaeltripton.com is for informational and educational purposes only and does not constitute financial, investment, tax, legal or regulatory advice. Kaeltripton.com is not authorised or regulated by the Financial Conduct Authority (FCA) and is not a financial adviser, mortgage broker, insurance intermediary or investment firm. Nothing on this site should be construed as a personal recommendation. Rates, figures and product details are indicative only, subject to change without notice, and should always be verified directly with the relevant provider, HMRC, the FCA register, the Bank of England, Ofgem or other appropriate authority before any financial decision is made. Past performance is not a reliable indicator of future results. If you require regulated financial advice, please consult a qualified adviser authorised by the FCA.
CT
Chandraketu Tripathi
Finance Editor · Kaeltripton.com
Chandraketu (CK) Tripathi, founder and lead editor of Kael Tripton. 22 years in finance and marketing across 23 markets. Writes on UK personal finance, tax, mortgages, insurance, energy, and investing. Sources: HMRC, FCA, Ofgem, BoE, ONS.
