Different rates now apply to taxpayers in Scotland.
The Scottish Finance Bill 2017/18 has been passed by the Scottish Parliament, freezing the basic rate of income tax at 20%. It also freezes ‘the higher and additional rates at 40% and 45% respectively’, and maintains the higher rate of income tax threshold at £43,000 in 2017/18.
Scottish income tax rates
|Basic rate 20%||Above £11,500* up to £43,000|
|Higher rate 40%||Above £43,000 up to £150,000|
|Additional rate 45%||Above £150,000**|
*Assumes person is in receipt of the standard UK personal allowance
**Personal allowance is reduced by £1 for every £2 earned over £100,000
These are different rates from those used in England and Wales. HMRC has, as you would expect, been issuing P9X notices containing rates, thresholds and tax codes required by employers and payroll providers.
Article from ACCA In Practice