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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