UK Tax News for High Earners

Key policy changes and announcements affecting the £100k–£300k bracket. Sourced from GOV.UK with direct links to official guidance.

2025/26 Tax Year
26 March 2025
Income TaxEmployer NICBudget

Spring Statement 2025 — Key Points for High Earners

The Chancellor confirmed no changes to income tax thresholds or the personal allowance freeze for 2025/26. The £100k–£125,140 taper remains, meaning high earners continue to face a 60% effective marginal rate in this band.

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6 April 2025
ChildcareFunded HoursWorking Parents

Expanded Childcare Entitlements Now Live

From April 2025, all working parents of children aged 9 months to 4 years can access 30 hours of funded childcare per week during term time. Neither parent can have adjusted net income above £100,000.

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6 April 2025
TFCChildcareSalary Sacrifice

Tax-Free Childcare — £100k Income Cap Unchanged

Tax-Free Childcare continues with the same eligibility rules for 2025/26. Parents earning over £100,000 adjusted net income are not eligible. The government tops up childcare payments by 20%, up to £2,000 per child per year.

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6 April 2025
Child BenefitHICBC

Child Benefit — Higher Income Threshold Now £60k

The High Income Child Benefit Charge (HICBC) starts when the higher earner's adjusted net income exceeds £60,000 and reaches 100% at £80,000. For 2025/26, the eldest child rate is £26.05/week.

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6 April 2025
PensionAnnual Allowance

Pension Annual Allowance Stays at £60,000

The pension annual allowance remains at £60,000 for 2025/26. High earners with adjusted income above £260,000 face a tapered annual allowance, reducing to a minimum of £10,000.

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26 March 2025
Personal AllowanceIncome TaxFiscal Drag

Personal Allowance Frozen Until 2028 — The Fiscal Drag Effect

The personal allowance (£12,570) and higher-rate threshold (£50,270) remain frozen until at least April 2028. With wages rising, more earners are being pushed into higher tax bands.

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1 April 2025
NMWSalary Sacrifice

National Minimum Wage Rises to £12.21/hr

From April 2025, the National Living Wage (for ages 21+) increased to £12.21 per hour. This raises the annual NMW floor to approximately £23,810, a key constraint for salary sacrifice strategies.

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6 April 2025
Employer NICSalary Sacrifice

Employer NIC Increase — Impact on Salary Sacrifice

Employer NIC increased to 15% from April 2025, with the secondary threshold dropping from £9,100 to £5,000. Salary sacrifice saves both employee and employer NIC, making schemes even more valuable.

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