Kate Forbes, Scottish Rate Resolution, Scottish Parliament, Edinburgh, 4 March 2020 37 images Created 4 Mar 2020
Edinburgh, UK. 4 March 2020.
Pictured: Kate Forbes MSP - Cabinet Ministere for Finance.
Scottish Rate Resolution
That the Parliament agrees that, for the purposes of section 11A of the Income Tax Act 2007 (which provides for income tax to be charged at Scottish rates on certain non-savings and non-dividend income of a Scottish taxpayer), the Scottish rates and limits for the tax year 2020-21 are as follows—
(a) a starter rate of 19%, charged on income up to a limit of £2,085,
(b) the Scottish basic rate is 20%, charged on income above £2,085 and up to a limit of £12,658,
(c) an intermediate rate of 21%, charged on income above £12,658 and up to a limit of £30,930,
(d) a higher rate of 41%, charged on income above £30,930 and up to a limit of £150,000, and
(e) a top rate of 46%, charged on income above £150,000.
Scottish Government Debate: Scottish Rate Resolution Credit: Colin D Fisher/CDFIMAGES.COM
Pictured: Kate Forbes MSP - Cabinet Ministere for Finance.
Scottish Rate Resolution
That the Parliament agrees that, for the purposes of section 11A of the Income Tax Act 2007 (which provides for income tax to be charged at Scottish rates on certain non-savings and non-dividend income of a Scottish taxpayer), the Scottish rates and limits for the tax year 2020-21 are as follows—
(a) a starter rate of 19%, charged on income up to a limit of £2,085,
(b) the Scottish basic rate is 20%, charged on income above £2,085 and up to a limit of £12,658,
(c) an intermediate rate of 21%, charged on income above £12,658 and up to a limit of £30,930,
(d) a higher rate of 41%, charged on income above £30,930 and up to a limit of £150,000, and
(e) a top rate of 46%, charged on income above £150,000.
Scottish Government Debate: Scottish Rate Resolution Credit: Colin D Fisher/CDFIMAGES.COM
