Market leading insight for tax experts
View online issue

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...

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:

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