Correction to article in ‘Professional in Payroll, Pensions & Reward’
09 February 2018
In the latest February edition of the CIPP’s magazine an error has been identified in the article ‘2018/19 The Year Ahead’.
In the February 2018 (issue 37) the article entitled ‘2018/19 The Year Ahead’ has a table of income and tax rates in the Scottish Income Tax section at the top of page 21.
The interactive version of the magazine on the CIPP website has been updated to show the correct rates, which are shown in the table below for clarification:
|
Gross Income (£) |
Income tax rate |
|
£11,850* - £13,850 |
19% |
|
£13,851 – £24,000 |
20% |
|
£24,001 – £43,430 |
21% |
|
£43,431 – £150,000** |
41% |
|
Above £150,000** |
46% |
The hard copy version of our magazine had already gone to print and distribution began, so unfortunately it shows two incorrect rates. The CIPP apologises for any confusion this may cause.
Please bear in mind that the Scottish income tax rates and thresholds are subject to Scottish parliamentary approval. Should approval not be obtained, we will inform you of any further changes before 6 April 2018.`