Income tax rates
Other than savings and dividend income.
| 2018/19 | 2017/18 | ||
|---|---|---|---|
| Band (£) | Rate (%) | Band (£) | Rate (%) |
| 0-34,500 | 20 | 0 – 33,500 | 20 |
| 34,501-150,000 | 40 | 33,501 – 150,000 | 40 |
| Over 150,000 | 45 | Over 150,000 | 45 |
Scotland income tax rates
Savings and dividend income are taxed using UK rates and bands.
| 2018/19 | 2017/18 | ||
|---|---|---|---|
| Band (£) | Rate (%) | Band (£) | Rate (%) |
| 0-2,000 | 19 | 0-31,500 | 20 |
| 2,001-12,150 | 20 | 31,501-150,000 | 40 |
| 12,151-31,580 | 21 | Over 150,000 | 45 |
| 31,581-150,000 | 41 | ||
| Over 150,000 | 46 | ||
Savings income
| 2018/19 and 2017/18 | |
|---|---|
| Starting rate | 0% |
| Starting rate limit for savings | £5,000 |
Not available if the taxable non-savings income exceeds the starting rate band. £1,000 of savings income for basic rate taxpayers (£500 for higher rate) may be tax free.
Dividend income
| Rate | 2018/19 and 2017/18 (%) |
|---|---|
| Ordinary | 7.5 |
| Upper | 32.5 |
| Additional | 38.1 |
The first £2,000 (£5,000 2017/18) of dividends are tax free.
Personal allowances
| Allowance Type | 2018/19 (£) | 2017/18 (£) | |
|---|---|---|---|
| Personal allowance | 11,850 | 11,500 | |
| (Reduce personal allowance by £1 for every £2 of adjusted net income over £100,000.) 10% of the PA may be transferable between certain spouses where neither pay tax above the basic rate, known as the marriage allowance. |
|||
| Marriage allowance | 1,190 | 1,150 | |
| Married couple’s allowance (MCA) (relief 10%) | Either partner born before 6 April 1935 | 8,695 | 8,445 |
| Min amount | 3,360 | 3,260 | |
| Reduce MCA by £1 for every £2 of adjusted net income over £28,900 (£28,000). | |||
| Blind person’s allowance | 2,390 | 2,320 | |