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MTD for ITSA: Mandation for businesses and landlords with income over £50,000 begins April 2026.
MTD for ITSA: Mandation for income over £30,000 begins April 2027.
FHL Abolition: The Furnished Holiday Lettings tax regime is officially abolished as of April 2025.
Non-Dom Reform: The remittance basis is replaced by a new 4-year foreign income and gains (FIG) regime.
Basis Period Reform: Full transition to the "tax year basis" for all unincorporated businesses is now in effect.
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Dividend Allowance: The tax-free dividend allowance remains at £500 for the current year.
Capital Gains: The Annual Exempt Amount is fixed at £3,000 for individuals and personal representatives.
MTD for ITSA: Mandation for businesses and landlords with income over £50,000 begins April 2026.
FHL Abolition: The Furnished Holiday Lettings tax regime is officially abolished as of April 2025.

2026/27 TAX YEAR IS HERE MTD FOR INCOME TAX NOW MANDATORY FOR LANDLORDS & SELF-EMPLOYED OVER £50K DIVIDEND TAX RATES INCREASED TO 10.75% & 35.75% — OPTIMISE YOUR PAYOUTS ADVANCED CALCULATORS FOR PROPERTY, CRYPTO, AND INHERITANCE TAX HERE

Estimated calculation • • uktaxhero.com
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Important: Illustrative estimates based on HMRC published rates. Actual liabilities vary. Find a Tax Expert →
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📅 Tax Year

🏫 Loan Details

£

How This Calculator Works

🏫 All 5 Plans

Covers Plans 1, 2, 4 (Scotland), 5 and Postgraduate loans with correct thresholds for each tax year.

💰 HMRC Floor Rounding

Uses HMRC floor rounding (rounds down) for accurate repayment figures matching your payslip.

📅 Year-by-Year Thresholds

Thresholds change each September. This calculator uses the correct threshold for the tax year selected.

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Frequently Asked Questions

How does student loan repayment work?

You repay a percentage of your income above the threshold: 9% for Plans 1,2,4,5 and 6% for Postgraduate. Repayments stop automatically when below the threshold or when the loan is cleared.

What is the Plan 5 threshold?

Plan 5 (for English students starting from August 2023) has a £25,000 threshold, a longer repayment period (40 years), and uses the lower repayment rate of 9%.