Rates and bands
(other than savings and dividend income)
2019/20
| Band £ | Rate % |
|---|---|
| 0 – 37,500 | 20 |
| 37,501 – 150,000 | 40 |
| Over 150,000 | 45 |
2018-19
| Band £ | Rate % |
|---|---|
| 0 – 34,500 | 20 |
| 34,501 – 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
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 |
2018/19
| Band £ | Rate % |
|---|---|
| 0 – 2,000 | 19 |
| 2001 – 12,150 | 20 |
| 12,151 – 31,580 | 21 |
| 31,581 – 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 | 2019/20 and 2018/19 |
|---|---|
| Savings allowance basic rate | £!,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 | 2019/20 and 2018/19 |
|---|---|
| Dividend allowance | £2,000 |
| Dividend ordinary rate | 7.5% |
| Dividend upper rate | 32.5% |
| Dividend additional rate | 38.1% |
Income Tax Reliefs
| 2019/20 | 2018/19 | ||
|---|---|---|---|
| Personal allowance (PA) | £12,500 | £11,850 | |
| Personal allowance income limit | £100,000 | £100,000 | |
| Marriage allowance | £1,250 | £1,190 | |
| Married couple’s allowance (MCA) | £8,915 | £8,695 | |
| Married couple’s allowance – minimum amount | £3,450 | £3,360 | |
| Married couple’s allowance – income limit | £29,600 | £28,900 | |
| Blind person’s allowance | £2,450 | £2,390 | |