United Kingdom Gazettes Finance Act 2026

The United Kingdom Official Gazette March 23 published Law No. 11/2026, the 2026 Finance Act. The law includes measures: 1) setting the main, default, and saving rates of income tax for the basic, higher, and additional rates at 20 percent, 40 percent, and 45 percent, respectively, for tax year 2026-2027; 2) setting the savings and property rates of income tax for the basic, higher, and additional rates at 22 percent, 42 percent, and 47 percent, respectively, for tax year 2027-2028; 3) exempting savings income up to 5,000 British pounds (US$6,693) for tax years 2026-2027 to 2030-2031; 4) setting the corporate ...