Income Tax Rates and Bands

UK excluding Scottish taxpayers’ non-dividend, non-savings income

2019/20

2018/19

20% basic rate on income up to:

£37,500

£34,500

40% higher rate on income over:

£37,500

£34,500

45% additional rate on income over:

£150,000

£150,000

All UK taxpayers

 

 

Starting rate at 0% on savings income up to3

£5,000

£5,000

Savings allowance at 0% tax rate:
Basic rate taxpayer
Higher rate taxpayer
Additional rate taxpayer


£1,000
£500
£0


£1,000
£500
£0

Dividend allowance at 0% tax – all individuals

£2,000

£2,000

Tax rates on dividend income:

Basic rate

7.5%

7.5%

 

Higher rate 

32.5%

32.5%

 

Additional rate 

38.1%

38.1%

3 Not available if taxable non-savings income exceeds the starting rate band.

Trusts

Standard rate band generally

£1,000

£1,000

Rate applicable to trusts:

dividends

38.1%

38.1%

 

other income

45%

45%

Non-domicile remittance basis charge after UK residence in at least:

19/20

18/19

7 of the last 9 tax years
12 of the last 14 tax years

£30,000
£60,000

£30,000
£60,000

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