Changes to the Scottish Tax Bands
Monday, February 5, 2024 • 4 min read
Introduction Scotland’s government has decided that from next year (from a tax perspective) they’ll be adding another tax band to Scotland. A 45 per cent income tax band for earnings between £75,000 and £125,140. Plus fiddling with the ranges and percentages of the other bands. So from the 6th April 2024 these will be the rates: Bands Band name Rate £12,571 - £14,876 Starter 19% £14,877 - £26,561 Basic 20% £26,562 - £43,662 Intermediate 21% £43,663 - £74,999 Higher 42% £75,000 - £125,140 Advanced 45% Above £125,140 Top 48% The current ones are: