Does Scottish Income Tax Changes Give UK Tax Clue?
Published / Last Updated on 02/02/2021
Scotland's proposed 2021/22 tax bands are:
|
Band Name |
Tax Rate% |
Taxable Income £ |
|
|
2020/21 |
2021/22 |
||
|
Starter |
19 |
0 - 2,085 |
0 - 2,097 |
|
Basic |
20 |
Over 2,085 - 12,658 |
Over 2,097 - 12,726 |
|
Intermediate |
21 |
Over 12,658 – 30,930 |
Over 12,726 – 31,092 |
|
Higher |
41 |
Over 30,930 - 150,000 |
Over 31,092 - 150,000 |
|
Top |
46 |
Over 150,000 |
Over 150,000 |
The Scottish Government has clearly not deviated from the usual bands mechanism and simply increased the current tax year’s bands by inflation for next year.
This does not give any indication as to what may follow in Rishi Sunak’s Budget on 3rd March 2021 but it may indicate no dramatic changes for income tax bands structure and rates for 2021/22 whilst we are still in the grip of the covid-19 pandemic.
