Silver Price on the UK Tax-Year End, Every Year Since 2000
On the last UK tax-year end, 5 April 2026 (end of tax year 2025/26), silver's last close before it (Thursday 2 April) was £54.93 an ounce (US$72.74). It is £40.79 now, −25.7% since. Since 2000, silver was higher at the next year's deadline in 15 of 26 years (average change +17.0%). The next UK tax-year end is 5 April 2027, end of tax year 2026/27, in 160 days.
Silver on every UK tax-year end, 2000–2026
GBP per troy ounceThis year's numbers
checked 27 October 2026- ISA allowance 2026/27: £20,000, across all ISAs, to 5 April 2027
- Capital gains tax allowance 2026/27: £3,000, annual exempt amount (it was £12,300 until 2022/23, then £6,000 in 2023/24)
- What an ISA can hold: Physical silver cannot go in an ISA; silver ETCs can, in a stocks and shares ISA. Outside an ISA, silver Britannias are free of capital gains tax because they are UK legal tender; gains on bars and other coins above the annual allowance are taxable.
The rules in full: Silver in retirement accounts: United Kingdom · Tax on selling silver: United Kingdom
Sources: GOV.UK: Individual Savings Accounts · GOV.UK: Capital Gains Tax allowances. General information, not tax or investment advice.
Silver on the UK tax-year end, Year by Year
The price on each deadline, the change to the next year's deadline and the change to today.
| Deadline | Tax year | GBP/oz | US$/oz | To next deadline | To today |
|---|---|---|---|---|---|
| 5 Apr 2026 | 2025/26 | £54.93 | $72.74 | — | −25.7% |
| 5 Apr 2025 | 2024/25 | £22.52 | $29.12 | +143.9% | +81.1% |
| 5 Apr 2024 | 2023/24 | £21.69 | $27.40 | +3.8% | +88.1% |
| 5 Apr 2023 | 2022/23 | £20.02 | $24.96 | +8.3% | +103.8% |
| 5 Apr 2022 | 2021/22 | £18.72 | $24.53 | +6.9% | +117.9% |
| 5 Apr 2021 | 2020/21 | £17.81 | $24.76 | +5.1% | +129.1% |
| 5 Apr 2020 | 2019/20 | £11.81 | $14.44 | +50.8% | +245.5% |
| 5 Apr 2019 | 2018/19 | £11.56 | $15.04 | +2.1% | +252.8% |
| 5 Apr 2018 | 2017/18 | £11.66 | $16.32 | −0.9% | +249.7% |
| 5 Apr 2017 | 2016/17 | £14.62 | $18.26 | −20.2% | +179.0% |
| 5 Apr 2016 | 2015/16 | £10.67 | $15.10 | +37.0% | +282.3% |
| 5 Apr 2015 | 2014/15 | £11.24 | $16.76 | −5.1% | +263.0% |
| 5 Apr 2014 | 2013/14 | £12.05 | $19.99 | −6.7% | +238.6% |
| 5 Apr 2013 | 2012/13 | £17.59 | $26.97 | −31.5% | +132.0% |
| 5 Apr 2012 | 2011/12 | £19.76 | $31.27 | −11.0% | +106.4% |
| 5 Apr 2011 | 2010/11 | £23.39 | $38.08 | −15.5% | +74.4% |
| 5 Apr 2010 | 2009/10 | £11.85 | $18.10 | +97.4% | +244.4% |
| 5 Apr 2009 | 2008/09 | £8.69 | $12.86 | +36.3% | +369.5% |
| 5 Apr 2008 | 2007/08 | £8.75 | $17.45 | −0.7% | +366.3% |
| 5 Apr 2007 | 2006/07 | £6.89 | $13.58 | +27.0% | +492.0% |
| 5 Apr 2006 | 2005/06 | £6.66 | $11.66 | +3.4% | +512.1% |
| 5 Apr 2005 | 2004/05 | £3.70 | $6.94 | +80.3% | +1,003.4% |
| 5 Apr 2004 | 2003/04 | £4.52 | $8.20 | −18.2% | +802.4% |
| 5 Apr 2003 | 2002/03 | £2.81 | $4.39 | +60.6% | +1,349.3% |
| 5 Apr 2002 | 2001/02 | £3.22 | $4.62 | −12.6% | +1,167.0% |
| 5 Apr 2001 | 2000/01 | £3.05 | $4.35 | +5.6% | +1,237.8% |
| 5 Apr 2000 | 1999/00 | £3.21 | $5.11 | −5.1% | +1,169.3% |
How the date is set
The UK tax year runs from 6 April to 5 April. 5 April is the last day to use that year's ISA allowance and capital gains tax allowance (unused allowances cannot be carried forward); the new allowances start on 6 April. The date does not move at weekends, though ISA providers often stop taking payments a day or two earlier.
The weeks before 5 April are ISA season, when UK savers use up the year's allowance. That is a calendar habit of savers, not something that moves the world price of silver, which is set in London, New York and Shanghai. For how silver has done in the deadline's month: Silver in April.
Other Tax Deadlines
Silver Price on the UK Tax-Year End: FAQ
When is the UK tax-year end in 2027?
5 April 2027, end of tax year 2026/27. The UK tax year runs from 6 April to 5 April. 5 April is the last day to use that year's ISA allowance and capital gains tax allowance (unused allowances cannot be carried forward); the new allowances start on 6 April. The date does not move at weekends, though ISA providers often stop taking payments a day or two earlier.
What was the silver price on the last UK tax-year end?
Silver closed at £54.93 an ounce (US$72.74) on 5 April 2026 (the last close before it, on 2 April 2026). Today it is £40.79, −25.7% since.
Is silver usually higher a year after the UK tax-year end?
Since 2000, silver was higher at the next year's deadline in 15 of 26 years, with an average change of +17.0% in GBP. From the 2025 deadline to the 2026 one it changed +143.9%. This is the history of one date a year, not a forecast: the deadline itself has no measurable effect on the world price of silver.
Can I hold silver in an ISA?
Physical silver cannot go in an ISA; silver ETCs can, in a stocks and shares ISA. Outside an ISA, silver Britannias are free of capital gains tax because they are UK legal tender; gains on bars and other coins above the annual allowance are taxable.
Past prices are history, not a guide to the future. This page does not say when to buy or sell; contribution rules depend on your own circumstances.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026silverpriceonevery, author = {{Corgano}}, title = {Silver price on every UK tax-year end since 2000}, howpublished = {\url{https://silverprice.corgano.com/silver-price-on-uk-tax-year-end}}, year = {2026}, note = {Corgano Silver Price, accessed 2026-10-27}}