2026/27 Tax Year: Updated April 2026. The new tax year started 6 April 2026. This guide covers current rates and the strategies to implement now so you are fully optimised by 5 April 2027.
At any point in the tax year, businesses and individuals have an important opportunity to review their finances, optimise tax efficiencies, and take advantage of available allowances before they reset on 6 April. The earlier you act, the more options you have. Effective tax planning throughout the year ensures you make full use of reliefs and exemptions, reducing unnecessary tax liabilities.
The UK tax landscape evolves annually, with changes affecting income tax, capital gains, inheritance tax, pensions, and property-related taxes. Ensuring compliance while leveraging all available reliefs can lead to significant savings. This guide provides a structured overview of the key areas to focus on throughout the 2026/27 tax year, helping businesses and individuals plan efficiently and avoid missed opportunities.
The areas covered include strategies for individuals, businesses, and investors, with practical steps you can act on at any stage of the tax year.