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For the 2026/27 tax year, the dividend allowance is reduced to £500, with tax rates of 10.75% for basic rate, 35.75% for higher rate, and 39.35% for additional rate taxpayers. Any dividends exceeding the £500 allowance are taxed at these specific marginal rates on top of your personal allowance. You can verify these figures on the official GOV.UK guidance for dividend tax rates.

From April 2026, employers must pay 15% National Insurance on earnings above the £5,000 annual threshold for each employee. This rate applies to the portion of salary exceeding the £5,000 limit, replacing previous secondary thresholds. These changes are confirmed in the latest HMRC employment allowance and NI rate updates.

Making Tax Digital for Income Tax Self Assessment becomes mandatory for self-employed individuals and landlords with annual gross income over £50,000 starting from 6 April 2026. This requirement means you must keep digital records and submit quarterly updates to HMRC. Further details are available on the GOV.UK page regarding MTD for ITSA.

If a limited company lends money to a director or shareholder, it must pay Section 455 tax at a rate of 35.75% on the outstanding loan amount. This tax is repayable to the company nine months and one day after the end of the accounting period in which the loan is repaid. You can find the current calculation rules on the HMRC Company Tax Return guidance.

The VAT registration threshold remains at £90,000 for the 2026/27 tax year, requiring businesses to register if their taxable turnover exceeds this amount in any 12-month period. Businesses must also monitor their rolling 12-month turnover to ensure compliance with the mandatory registration rules. Official thresholds are published annually by HMRC on the GOV.UK website.