New income tax bands in Scotland

Two new income tax bands – a starter band and an intermediate band – are to be introduced in Scotland for 2018/19. For 2018/19, Scottish taxpayers will pay tax at the starter rate of 19% on income in excess of the personal allowance of £11,850 up to £13,850, basic rate tax at 20% is payable on income from £13,851 to £24,000, tax at the intermediate rate of 21% is payable on income above £24,000 up to £44,273, tax at the higher rate of 41% is payable on income above £44,273 up to £150,000 and tax is payable at the top rate of 46% on income over £150,000.