2020/21 Tax Bands for England, Scotland and Wales
|Band||Band name||Tax Rate|
|Scotland||Wales||Rest of UK|
|£12,500* - £14,585||Starter Rate||19%|
|£12,500 - £50,000||Basic Rate||20%||20%|
|£14,586* - £25,158||Scottish Basic Rate||20%|
|£25,159* - £43,430||Intermediate Rate||21%|
|£43,431 - £150,000||Higher Rate||41%|
|£50,000 - £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. The starter, basic and intermediate rate bands together for Scottish income tax are £30,930 (£12,500 + £30,930 = £43,430).
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 £12,500 before paying tax at 20% and over £50,000 (£43,430 in Scotland) before paying at 40%.
Starting Rate for Savings - is 0%. Only applies to those with taxable income under £17,500.
Scottish taxpayers use the UK rates & tax bands for interest and dividends.
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