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What are the tax bands?

2021/22 Tax Bands for England, Scotland and Wales

Band Band name Tax Rate
Scotland Wales Rest of UK
£12,571* - £14,667 Starter Rate 19%
£12,571 - £50,270 Basic Rate 20% 20%
£14,668* - £25,296 Scottish Basic Rate 20%
£25,297* - £43,662 Intermediate Rate 21%
£43,663 - £150,000 Higher Rate 41%
£50,271 - £150,000 Higher Rate 40% 40%
Above £150,000 Top Rate 46%
Above £150,000 Additional Rate 45% 45%

 

* This assumes you are entitled to the UK Personal Allowance.

These rates apply to TAXABLE income that is over and above your Personal Allowance. For example, a person would have to have income of over £12,570 before paying tax at 20% and over £50,271 (£43,663 in Scotland) before paying at 40%.

Starting Rate for Savings - is 0%. Only applies to those with taxable income under £17,570.

Scottish taxpayers use the UK rates & tax bands for interest and dividends.

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