Scottish Parliament: income tax plans

The Scottish Parliament voted on 20 February to approve the new five-band income tax system for 2018/19. This will give:

a starter rate of 19% on income up to £2,000;
Scottish basic rate of 20% on income above £2,000 up to £12,150;

The Scottish Parliament voted on 20 February to approve the new five-band income tax system for 2018/19. This will give:

a starter rate of 19% on income up to £2 000;
Scottish basic rate of 20% on income above £2 000 up to £12 150;
an intermediate rate of 21% on income above £12 150 up to £31 580;
a higher rate of 41% on income above £31 580 up to £150 000; and
a top rate of 46% on income above £150 000.

MSPs passed the proposals...

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The Scottish Parliament voted on 20 February to approve the new five-band income tax system for 2018/19. This will give:

a starter rate of 19% on income up to £2,000;
Scottish basic rate of 20% on income above £2,000 up to £12,150;

The Scottish Parliament voted on 20 February to approve the new five-band income tax system for 2018/19. This will give:

a starter rate of 19% on income up to £2 000;
Scottish basic rate of 20% on income above £2 000 up to £12 150;
an intermediate rate of 21% on income above £12 150 up to £31 580;
a higher rate of 41% on income above £31 580 up to £150 000; and
a top rate of 46% on income above £150 000.

MSPs passed the proposals...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Subscribe Now...

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.

Once you have registered, you will receive an email directing you back to read this article in full.

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Scottish Parliament: income tax plans

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

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