EMPLOYMENT TAX CHANGES IN SCOTLAND

Hi, it’s Deborah and Euzi

 

To all our Scottish friends : changes to income tax personal allowance, thresholds and rates. From 6 April 2019 the personal allowance for income tax rose to £12,500. Different rates of income tax apply in Scotland compared to the rest of the UK. In Scotland, for the tax year 2019/20:

1. the Scottish starter tax rate of 19% applies on annual earnings from £12,501 to £14,549


2. the Scottish basic tax rate of 20% applies on annual earnings from £14,550 to £24,944


3. the Scottish intermediate tax rate of 21% on earnings from £24,945 to £43,430


4. the Scottish higher tax rate of 41% on annual earnings from £43,431 to £150,000


5. the Scottish top tax rate of 46% on annual earnings above £150,000