The tax engine implements 2026/27 HMRC rules including: income tax bands (both rUK and Scottish with all 6 bands), the personal allowance taper above £100,000 (60% effective rate trap), capital gains tax with cost basis tracking and CGT on disposal only (£3,000 exempt, 18%/24% split across bands), dividend tax on GIA equity holdings (£500 allowance, 10.75%/35.75%/41.35%), savings income tax with Personal Savings Allowance (£1,000/£500/£0) and £5,000 starting rate for savings, pension annual allowance (£60,000) and MPAA (£10,000) triggered on first flexible access, pension tax relief (net-to-gross conversion), ISA allowance (£20,000), lump sum allowance (£268,275), state pension triple lock (CPI + 0.5%), rental income expense ratio, and marriage allowance (£252/yr) for eligible couples. Tax bands can optionally inflate with your chosen inflation rate to model fiscal drag.