Scottish income tax rates and thresholds for 2018/19 payroll
03 January 2018
HMRC’s software developers support team (SDST) has provided the following information:
Following the Scottish draft budget on 14 December, details regarding the tax rates and thresholds to apply for Scottish taxpayers during 2018/19 have been provided.
|
Starter rate 19% |
£1 - 2,000 |
|
Basic rate 20% |
£2,001 - 12,150 |
|
Intermediate rate 21% |
£12,151 - 32,423 |
|
Higher rate 41% |
£32,424 - 150,000 |
|
Top rate 46% |
£150,001 and above |
It is not necessary to allocate a tax code to the new Scottish starter rate. The fifth/Top rate introduces code SD2:
|
Basic rate 20% |
code SBR |
|
Intermediate rate 21% |
code SD0 |
|
Higher rate 41% |
code SD1 |
|
Top rate 46% |
code SD2 |
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.