Simpson and Taylor returned home in 1986 and re-formed Magna Carta. The line-up now included, in addition to Simpson, Taylor, and Abbott; Gwyn Jones, John Carey, Paul Burgess, and Simon Carlton. In 1988, One To One was released on the Tembo label. Jones left the band the same year.
In 1990, Simpson and Taylor married, and, with the semi-retirement of Lee Abbott, they continued to play as Magna Carta as a duo, as well as with a larger line-up for extensive touring.
The 1992 Dutch release, Heartlands, was followed by a tour of the Netherlands. The duo continued to maintain a busy live schedule, and over the years toured many different countries. Several live albums appeared over the course of the decade, in addition to the reissue of the band's 1970s albums on CD.
In 2001, Seasons In The Tide was released on the Gold Circle label, although the label went bankrupt soon afterwards. In 2002, the DVD Ticket To The Moon was released, recorded at the Dutch island of Texel in 2001. Later that year, Magna Carta supported Fairport Convention on their Dutch theatre tour.
In 2007, Magna Carta had already decided that they would disband in 2009, mainly in recognition of the deterioration of the Simpsons' relationship. In late 2008 they embarked upon a "farewell tour" of the Netherlands.
In early 2011, Midnight Blue was reissued in a double album package with the live album Live & Let Live. The reissue was reviewed positively, with praise for its melodic acoustic arrangements. In September and October 2011, a new Magna Carta line up toured around 17 venues in the Netherlands.
After another tour in the Netherlands, the band returned to the studio to record a new album, The Fields of Eden (2015).
In December 2019 they announced their final concert, held at Ripley Town Hall, North Yorkshire, after 50 years in the business. This was followed by the release of their When All Is Said And Done box-set in 2023.
