Income Tax Rates & Bands
Recent income tax rates and bands are as follows:
|Savings rate: 10%, 0% from 2015/16||Up to £5,000||Up to £5,000||Up to £5,000||Up to £5,000|
|Dividend Allowance: 0%||Up to £2,000||Up to £2,000||Up to £2,000||Up to £2,000|
|Basic rate: 20%||Up to £37,500||Up to £37,700||Up to £37,700||Up to £37,700|
|Higher rate: 40%||£37,501 - £150,000||£37,701 - £150,000||£37,701 - £150,000||£37,701 - £150,000|
|Additional rate: 45%||Over £150,000||Over £150,000||Over £150,000||Over £150,000|
When the personal allowance is taken into account an individual will start to pay tax at 40% when their total income exceeds £50,270 in 2021/22 and onwards. This threshold (and the 45% threshold) can be increased if the taxpayer pays personal pension contributions or makes gift aid donations.
For 2021/22 the intermediate rate band on non-savings income for Scottish Taxpayers is set at £43,662. For all other income types it remains in line with the main UK band of 50,000.
Scottish Income Tax Rates and Bands for non-savings income
|Starter rate: 19%||Up to £2,085||Up to £2,097||Up to £2,097||Up to £2,162|
|Basic rate: 20%||£2,086 to £12,658||£2,098 to £12,726||£2,163 to £13,118||£2,163 to £13,118|
|Intermediate rate: 21%||£12,659 to £30,930||£12,727 to £31,092||£13,118 to £31,092||£13,118 to £31,092|
|Higher rate: 41%||£30,931 to £150,000||£31,093 to £150,000||£31,093 to £150,000||£31,093 to £150,000|
|Additional rate: 46%||Over £150,000||Over £150,000||Over £150,000||Over £150,000|
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