The UK has published the Finance Act 2026 in the Official Gazette, which received royal assent (was enacted) on 18 March 2026. The Act provides for the implementation of the measures announced as part of the UK Budget 2025, as well as certain others. Some of the main measures are summarized as follows:
- The main, default, and savings rates of income tax are maintained at 20% (basic), 40% (higher), and 45% (additional) for the 2026-27 tax year;
- The ordinary and upper rates of income tax on di…