From the start of the next tax year in April 2017, the tax bandings for Scottish tax payers will deviate from the rest of the UK. The Scottish bands are set out below:
· Basic Rate (20%), Scottish taxpayers: £11,500*-43,000
· Higher Rate (40%), Scottish taxpayers: £43,001-150,000.
· Additional Rate (45%), Scottish taxpayers: over £150,000.
*Assumes person is in receipt of the Standard UK Personal Allowance