Tax thresholds and rates 2018/19

With the 2017/18 tax year now over, it is important that you look ahead to the 2018/19 tax year to ensure the rate of tax deducted from your employees’ salary is correct.
The amount of Income Tax you deduct from your employees depends on their tax code and how much of their taxable income is above their Personal Allowance. It is important that you are aware that there are different rates for Scotland.
 

PAYE tax rates and thresholds
 
2018 to 2019
 
Employee personal allowance
 
£228 per week
£988 per month
£11,850 per year
UK basic tax rate 20% on annual earnings above the PAYE tax threshold and up to £34,500
UK higher tax rate 40% on annual earnings from £34,501 to £150,000
UK additional tax rate 45% on annual earnings above £150,000
Scotland
Employee personal allowance
 
£228 per week
£988 per month
£11,850 per year
Scottish starter tax rate 19% on annual earnings above the PAYE tax threshold and up to £2,000
Scottish basic tax rate 20% on annual earnings from £2,001 to £12,150
Scottish intermediate tax rate 21% on annual earnings from £12,151 to £31,580
Scottish higher tax rate 41% on annual earnings from £31,581 to £150,000
Scottish top tax rate 46% on annual earnings above £150,000

If you are unsure of how much tax to deduct from a member of staff or work like assistance with tax codes, please contact our payroll team.

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