Rates and bands
(other than savings and dividend income)
2020-21
| Band £ | Rate % |
|---|---|
| 0 – 37,500 | 20 |
| 37,501 – 150,000 | 40 |
| Over 150,000 | 45 |
2019/20
| Band £ | Rate % |
|---|---|
| 0 – 37,500 | 20 |
| 37,501 – 150,000 | 40 |
| Over 150,000 | 45 |
Income tax rates in Scotland and Wales on income other than savings and dividend have been developed.
Developed Income Tax
Scotland rates and bands
2020/21
| Band £ | Rate % |
|---|---|
| 0 – 2,085 | 19 |
| 2,086 – 12,658 | 20 |
| 12,659 – 30,930 | 21 |
| 31,931 – 150,000 | 41 |
| Over 150,000 | 46 |
2019/20
| Band £ | Rate % |
|---|---|
| 0 – 2,049 | 19 |
| 2,050 – 12,444 | 20 |
| 12,445 – 30,930 | 21 |
| 31,931 – 150,000 | 41 |
| Over 150,000 | 46 |
Wales rates and bands (introduced from 6 April 2019)
2019/20
| Band £ | Rate % |
|---|---|
| 0 – 37,500 | 20 |
| 37,501 – 150,000 | 40 |
| Over 150,000 | 45 |
Savings Income
| Savings Income | 2020/21 and 2019/20 |
|---|---|
| Savings allowance basic rate | £1,000 |
| Savings allowance higher rate | £500 |
A starting rate of 0% may be available unless taxable non-savings income exceeds £5,000.
Dividend Income
| Dividend Income | 2020/21 and 2019/20 |
|---|---|
| Dividend allowance | £2,000 |
| Dividend ordinary rate | 7.5% |
| Dividend upper rate | 32.5% |
| Dividend additional rate | 38.1% |
Income Tax Reliefs
| 2020/21 | 2019/20 | ||
|---|---|---|---|
| Personal allowance (PA) | £12,500 | £12,500 | |
| Personal allowance income limit | £100,000 | £100,000 | |
| Marriage allowance | £1,250 | £1,250 | |
| Married couple’s allowance (MCA) | £8,915 | £8,915 | |
| Married couple’s allowance – minimum amount | £3,450 | £3,450 | |
| Married couple’s allowance – income limit | £29,600 | £29,600 | |
| Blind person’s allowance | £2,500 | £2,450 | |