The utility model discloses an amorphous alloy capacitance and voltage regulating transformer comprising a transformer shell, three-phase transformer iron cores, a capacitance and voltage regulating switch, a transformer outgoing line and a transformer bushing, wherein the transformer outgoing line is connected with a switch module of the capacitance and voltage regulating switch; the transformer bushing is arranged outside the transformer shell and sleeves outside the transformer outgoing line; a secondary winding coil of each-phase transformer iron core is connected with the switch module of the capacitance and voltage regulating switch; the secondary winding coil of any-phase transformer iron core in the three-phase transformer iron cores is connected in series with a corresponding current transformer; the secondary winding coil of the transformer iron core provided with the current transformer is connected in parallel with a corresponding voltage transformer; the signal output end of the voltage transformer and the signal output end of the current transformer are connected with the signal input end of a capacitance and voltage regulating controller; and the control signal output end of the capacitance and voltage regulating controller is connected with the control signal input end of the capacitance and voltage regulating switch. The amorphous alloy capacitance and voltage regulating transformer has the advantages of high integration level, convenience in maintenance and good reliability.