Scottish Income Tax 2019-20

Under provisions of the Scotland Act 2016, Scotland’s can set the bands and rates of income tax for fiscal years. The following rates and bands, which were announced in the Scottish Budget delivered in December, will have effect for tax year 2019–20, subject to approval by Scotland’s parliament:

● 19% starter rate – £12,500 to £14,549
● 20% basic rate – £14,549 to £24,944
● 21% intermediate rate – £24,944 to £43,430
● 41% higher rate – £43,430 to £150,000
● 46% top rate – over £150,000.

Source CIPP Magazine Feb 2019

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