Stay ahead of the curve with our exclusive Tax Card for 2026/27!
This handy little card is your go-to resource for all the major tax rates in place for the upcoming year.
If you would like a physical copy, simply hit the button below, provide us with your address, and we will pop one in the post to you.
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Inheritance Tax
2026/27 | 2025/26 | |
Nil-rate band threshold** | £325,000 | £325,000 |
Main residence nil-rate band** | £175,000 | £175,000 |
Business property relief and agricultural property relief | 50% or 100% | 50% or 100% |
* Up to 100% of the unused part of a person’s NRB and RNRB can be claimed by the surviving spouse/civil partner, subject to the RNRB taper below.
** For estates in excess of £2m the RNRB is reduced by £1 for every £2 of value by which the estate exceeds the taper threshold.
Tax Rates
2026/27 | 2025/26 | |
Main rate | 40% | 40% |
Chargeable on lifetime transfers | 20% | 20% |
Transfers on or within seven years of death* | 40% | 40% |
Reduced rate** | 36% | 36% |
* Subject to the table below.
** Applies if 10% or more of net chargeable estate is left to certain registered charities.
Years before death | 0 - 3 | 3 - 4 | 4 - 5 | 5 - 6 | 6 - 7 |
Tax reduced by | 0% | 20% | 40% | 60% | 80% |