(ITA 2007, s. 6-9; (FA 2020, ss.2-4)

(In-depth: ¶148-060ff.)

Rate

Taxable income band

Tax on band

%

£

£

Main rates

Basic rate

20

1–37,500(1)

7,500

Higher rate

40

37,501–150,000

45,000

Additional rate

45

Over 150,000

Default rates(2)

Default basic rate

20

1–37,500(1)

7,500

Default higher rate

40

37,501–150,000

45,000

Default additional rate

45

Over 150,000

Scottish rates(3)

Starter rate

19

1–2,085

396.15

Basic rate

20

2,086–12,658

2,114.40

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