HMRC confirms updated Scottish income tax thresholds will be operative from 11 May 2020

17 March 2020

Following on from the CIPP’s news article relating to the uncertainty surrounding the updated Scottish income tax thresholds for tax year 2020-21, and when they would become operative from, HMRC’s Software Developer Support Team (SDST) has confirmed that they will be required to be in place from 11 May 2020.

All HMRC educational tools, such as any guidance and related products will be updated to reflect the new thresholds from 11 May 2020.

The notice also reiterated the fact that the Employment Allowance is due to increase by £1,000, from £3,000 to £4,000 and that this would take effect from 6 April 2020.

The figures for use and their applicable dates are shown below:

Income Tax Rates – Scotland - 2019-20 rates to be used from 6 April :

Starter rate                         19%       1 – 2,049

Basic rate                              20%       2,050 – 12,444

Intermediate rate             21%       12,445 – 30,930

Higher rate                           41%       30,931 – 150,000

Top rate                                   46%       150,001 >

 

Income Tax Rates – Scotland - 2020-21 rates to be used from 11 May :


Starter rate                            19%       1 – 2,085

Basic rate                                 20%       2,086 – 12,658

Intermediate rate                21%       12,659 – 30,930

Higher rate                             41%       30,931 – 150,000

Top rate                                    46%       150,001 >

 


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