(ITA 2007, s. 6-9; FA 2016, s. 6)

(In-depth: ¶148-060ff.)

Rate

Taxable income band

Tax on band

%

£

£

Main rates(1)(2)

Basic rate

20

1–33,500

6,700

Higher rate

40

33,501–150,000

46,600

Additional rate

45

Over 150,000

Default rates(3)

Default basic rate

20

1–33,500

6,700

Default higher rate

40

33,501–150,000

46,600

Default additional rate

45

Over 150,000

Scottish rates

Scottish basic rate

20

1–31,500

6,300

Scottish higher rate

40

31,501–150,000

47,400

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