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Old 07-30-19, 06:47 AM   #10562
ikalugin
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Quote:
Originally Posted by MGR1 View Post
I only do ten more hours than you, but I do have to highlight that the SNP have altered the tax bandings here in Scotland so I actually pay slightly less tax than someone in England does on the same wage.

Scottish income tax bands: 2019-2020

Over £12,500-£14,549 Starter Rate 19%

Over £14,549-£24,944 Scottish Basic Rate 20%

Over £24,944-£43,430 Intermediate Rate 21%

Over £43,430-£150,000 Higher Rate 41%

England, Wales Northern Ireland tax bands: 2019-2020

Over £12,501-£50,000 Basic Rate 20%

Over £50,001-£150,000 Higher Rate 40%

Applies throughout the UK:

Up to £12,500 Personal Allowance 0%

Over £150,000 Additional Rate 45%

National Insurance contributions are reserved to Westminster and are thus the same UK wide.

Mike.
I wonder if this pushes the high earners to seek ways to avoid paying their taxes like loopholes and such.


We have decided to just use the same rate for all income brackets.
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