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

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