New tax year changes: how much will you have to pay in 2025/26?

The new tax year started on 6 April, 2025. We look at how taxes and allowances are changing and how they will affect you.

Person sits at desk with laptop in front of her, with a 2024, 2025 and 2026 text overlay
There are 10 key tax changes coming into effect in the 2025/26 tax year.
(Image credit: andreswd via Getty Images)

A range of tax rises have come into force for the new tax year on 6 April as well as some benefits increases.

Income tax bands remain frozen which means higher bills as wages increase. National Insurance rates will change for businesses which will impact employees at some stage.

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Contributor

Holly Thomas is a freelance financial journalist covering personal finance and investments. 

She has written for a number of papers,  including The Times, The Sunday Times and the Daily Mail. 

Previously she worked as deputy personal finance editor at The Sunday Times, Money Editor at the Daily/Sunday Express and also at Financial Times Business.

She has won Investment Freelance Journalist of the Year at the Aegon Asset Management Media Awards in November 2021.