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2026/2027 Tax Year

Tax code D0 explained

All income taxed at 40% — usually a second job for higher earners. Here's exactly what it means for your payslip in 2026/27, who should have it, and what to do if it looks wrong.

What D0 means

D0 taxes every pound of this income at the higher rate of 40%, with no personal allowance. It exists so that second incomes for higher-rate taxpayers are taxed at the correct marginal rate.

Who gets D0?

People with a second job or pension whose main income already puts them in the higher-rate band (over £50,270). The main job uses your allowance and basic-rate band; the second source gets D0.

What you'd pay on D0

SalaryIncome taxTake-home*vs standard 1257L
£22,000£8,800£12,446−£6,914
£30,000£12,000£16,606−£8,514
£40,000£16,000£21,806−£10,514
£55,000£22,000£29,889−£12,568
£80,000£32,000£44,389−£12,568

*After income tax and employee National Insurance, 2026/27 rates, England/Wales/NI bands.

What you should do

Correct if your main income exceeds £50,270. If your total income has dropped below the higher-rate threshold — or this is now your only income — ask HMRC to review it; you could be overpaying significantly.

Check your current code on your latest payslip, P60, or in your HMRC Personal Tax Account. Then verify what you should be paying with our tax code checker.

Frequently asked questions

What does tax code D0 mean?

All income taxed at 40% — usually a second job for higher earners. D0 taxes every pound of this income at the higher rate of 40%, with no personal allowance. It exists so that second incomes for higher-rate taxpayers are taxed at the correct marginal rate.

Is tax code D0 wrong?

Correct if your main income exceeds £50,270. If your total income has dropped below the higher-rate threshold — or this is now your only income — ask HMRC to review it; you could be overpaying significantly.

Who gets tax code D0?

People with a second job or pension whose main income already puts them in the higher-rate band (over £50,270). The main job uses your allowance and basic-rate band; the second source gets D0.

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