Scottish Income Tax Rates 2019-20 confirmed
21 February 2019
The rates and thresholds proposed by the Scottish Government have been approved by the Scottish Parliament and will take effect from 6 April 2019.
The Scottish Parliament approved the 2019-20 Scottish Budget on 21 February 2019.
The personal allowance is determined by the UK government so will increase to £12,500. The starter rate and basic rate thresholds are to increase by inflation, but the higher rate threshold is to remain frozen at £43,430.
|
Bands |
Band name |
Rate |
|
Over £12,500* - £14,549 |
Starter Rate |
19% |
|
Over £14,549 - £24,944 |
Scottish Basic Rate |
20% |
|
Over £24,944 - £43,430 |
Intermediate Rate |
21% |
|
Over £43,430 - £150,000** |
Higher Rate |
41% |
|
Above £150,000** |
Top Rate |
46% |
* Assumes individuals are in receipt of the standard UK personal allowance.
** Those earning more than £100,000 will see their personal allowance reduced by £1 for every £2 earned over £100,000.