Basic rate of Income Tax: every value since 1990
The basic rate of Income Tax on taxable income in the basic rate band (England, Wales and Northern Ireland).
20%
25%
HM Revenue and Customs gives 37 values for this rate, from 25% in 1990 to 1991 to 20% in 2026 to 2027. Of the 36 year-to-year steps, it stayed the same in 32, went up in 0 and went down in 4. The largest fall was -9.1%, in 2008 to 2009, from 22% to 20%. Ten years before the latest value, in 2016 to 2017, it was 20%. Income Tax receipts were £326.9 billion in 2025 to 2026, according to HMRC.
Basic rate
| Tax year | Basic rate | Change on previous value | CPI inflation that calendar year (ONS, D7G7) |
|---|---|---|---|
| 2026 to 2027 | 20% | – | not yet published |
| 2025 to 2026 | 20% | – | 3.4% |
| 2024 to 2025 | 20% | – | 2.5% |
| 2023 to 2024 | 20% | – | 7.3% |
| 2022 to 2023 | 20% | – | 9.1% |
| 2021 to 2022 | 20% | – | 2.6% |
| 2020 to 2021 | 20% | – | 0.9% |
| 2019 to 2020 | 20% | – | 1.8% |
| 2018 to 2019 | 20% | – | 2.5% |
| 2017 to 2018 | 20% | – | 2.7% |
| 2016 to 2017 | 20% | – | 0.7% |
| 2015 to 2016 | 20% | – | 0.0% |
| 2014 to 2015 | 20% | – | 1.5% |
| 2013 to 2014 | 20% | – | 2.6% |
| 2012 to 2013 | 20% | – | 2.8% |
| 2011 to 2012 | 20% | – | 4.5% |
| 2010 to 2011 | 20% | – | 3.3% |
| 2009 to 2010 | 20% | – | 2.2% |
| 2008 to 2009 | 20% | -2.0 points | 3.6% |
| 2007 to 2008 | 22% | – | 2.3% |
| 2006 to 2007 | 22% | – | 2.3% |
| 2005 to 2006 | 22% | – | 2.1% |
| 2004 to 2005 | 22% | – | 1.3% |
| 2003 to 2004 | 22% | – | 1.4% |
| 2002 to 2003 | 22% | – | 1.3% |
| 2001 to 2002 | 22% | – | 1.2% |
| 2000 to 2001 | 22% | -1.0 points | 0.8% |
| 1999 to 2000 | 23% | – | 1.3% |
| 1998 to 1999 | 23% | – | 1.6% |
| 1997 to 1998 | 23% | -1.0 points | 1.8% |
| 1996 to 1997 | 24% | -1.0 points | 2.4% |
| 1995 to 1996 | 25% | – | 2.6% |
| 1994 to 1995 | 25% | – | 2.0% |
| 1993 to 1994 | 25% | – | 2.5% |
| 1992 to 1993 | 25% | – | 4.2% |
| 1991 to 1992 | 25% | – | 7.5% |
| 1990 to 1991 | 25% | 7.0% |
Source: HMRC Table A.2.
CPI: ONS series D7G7, for the calendar year the period starts in. About these tables · CSV
Related pages
Sources and receipts
- Table A.2 Rates of Income Tax, HM Revenue and Customs.
File: Table_a2_-_Income_Tax_-_rates_and_allowances.ods. Read 2026-10-15. SHA-256
31281efc152adf8c0e8ab56f73dcb80282f9542ec83b0289c93cd279dbb7eba2 - Consumer price inflation time series (MM23), Office for National Statistics.
File: mm23.csv. Read 2026-10-15. SHA-256
1b78749ea634755b83064d88f4fc6f7dd177e0c41d8b573c9d8172b8d3fff641