This article includes a summary of the income tax changes announced in today's Scottish Budget and provides links to further details on the proposed income tax and social security changes.
Given the delay to the UK Budget, the rates and bands set out in the table below are based on an assumption that the Personal Allowance in 2020/21 will be frozen at £12,500, by the UK Government, at the UK Budget on 11 March 2020. This is based on the last commitments made by the UK Government, in the Autumn Budget 2018.
Clients of threesixty are kept up to speed with the latest regulatory, industry and technical developments via our regular news and opinions articles.
As well as being updated via the articles we publish to threesixty online, clients can specify to us what type of articles they want to receive (by category) and how frequently they receive them.
To try this service, simply register your details with us and we'll give you 3 months free and unlimited access to our news and opinions.