Car, Van and Fuel Benefits 2026/27 CO 2 emissions g/km
Capital Gains Tax Individuals
2026/27
2025/26
% of list price taxed
Exemption
£3,000
£3,000
Standard rate
18% 18% 24% 24%
0
4
Higher/additional rate
1 - 50 Electric range
Trusts Exemption
130 or more
4 7
£1,500
£1,500
70 - 129 40 - 69 30 - 39
Rate
24% 24%
10 14 16 17
Business Asset Disposal Relief The first £1m of qualifying gains are charged at 14% for 2025/26 and 18% for 2026/27. Property Taxes Across the whole of the UK, residential rates may be increased by 5% (8% in Scotland and up to 8.5% in Wales) where further residential properties are acquired. Stamp Duty Land Tax Land and buildings in England and N. Ireland Residential Band £ Rate % Non-residential Band £ Rate % 0 - 125,000 0 0 - 150,000 0 125,001 - 250,000 2 150,001 - 250,000 2 250,001 - 925,000 5 Over 250,000 5 925,001 - 1,500,000 10 Over 1,500,000 12 First-Time Buyer relief may apply to residential purchases up to £500,000. Land and Buildings Transaction Tax Land and buildings in Scotland Residential Band £ Rate % Non-residential Band £ Rate % 0 - 145,000 0 0 - 150,000 0 145,001 - 250,000 2 150,001 - 250,000 1 250,001 - 325,000 5 Over 250,000 5 325,001 - 750,000 10 Over 750,000 12 First-Time Buyer relief may apply on the first £175,000 of residential purchases.
under 30
51 - 54
For every extra 5 (other than the 75-79 bracket)
+1
155 and above 37 For fully diesel cars generally add a 4% supplement (unless the car is registered on or after 1 September 2017 and meets the Euro 6d emissions standard) but the maximum is still 37%. For emissions of 75g/km or more if the CO 2 figure does not end in a 5 or 0 round down to the nearest 5 or 0. 2026/27 Car fuel benefit £tbc Van benefit £tbc Van fuel benefit £tbc Capital Allowances
First Year Allowance (FYA) on certain plant, machinery and cars of 0g/km (for cars purchased before 1 April 2027 (6 April 2027 for income tax)) Corporation tax FYA (‘full expensing’) on certain new, unused plant and machinery Corporation tax FYA on new, unused long-life assets, integral features of buildings, etc. FYA for all businesses on certain new, unused plant and machinery for expenditure incurred from 1 January 2026
100%
100%
50%
40%
Annual Investment Allowance £1,000,000 excluding cars Writing Down Allowance Long-life assets, integral features of buildings, cars over 50g/km 6% Other plant and machinery 18%/14%* Structures and Buildings Allowance 3% * The 14% rate will apply from 1 April 2026 (6 April 2026 for income tax), subject to transitional rules for chargeable periods which straddle those dates. Value Added Tax From 1.4.26 From 1.4.25 Standard rate 20% 20% Reduced rate 5% 5% Annual Registration Limit £90,000 £90,000 Annual Deregistration Limit £88,000 £88,000
Land Transaction Tax Land and buildings in Wales Residential Band £
Rate %
Non-residential Band £
Rate %
0 - 225,000
0
0 - 225,000
0
225,001 - 400,000 6 225,001 - 250,000 1 400,001 - 750,000 7.5 250,001 - 1,000,000 5 750,001 - 1,500,000 10 Over 1,000,000 6 Over 1,500,000 12 Disclaimer: Rates are for guidance only. Certain figures were not available at the time of writing. Whilst we take care to ensure the accuracy of this document, no responsibility for loss occasioned by any person acting or refraining from action as a result of this information can be accepted by the authors or firm.
Rates & Allowances
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