-
Income tax rates - Wales
-
Income tax is devolved to Wales.
-
Welsh resident taxpayers continue to pay the same overall income tax rates using the UK rates and bands.
-
The total rate of income tax = UK income tax + Welsh rate of income tax
-
Savings income and dividend income are taxed using UK tax rates and bands.
|
Band of taxable income
|
UK Rate
|
Welsh Rate
|
Total Rate
|
|
£
|
|
%
|
%
|
%
|
|
0 - 37,500
|
Basic rate
|
10
|
10
|
20
|
|
37,501 - 150,000
|
Higher rate
|
30
|
10
|
40
|
|
Over 150,000
|
Additional rate
|
35
|
10
|
45
|
-
Income tax rates - Wales
-
Income tax is devolved to Wales from 6 April 2019.
-
Welsh resident taxpayers continue to pay the same overall income tax rates using the UK rates and bands.
-
The total rate of income tax = UK income tax + Welsh rate of income tax
-
Savings income and dividend income are taxed using UK tax rates and bands.
|
Band of taxable income
|
UK Rate
|
Welsh Rate
|
Total Rate
|
|
£
|
|
%
|
%
|
%
|
|
0 - 37,500
|
Basic rate
|
10
|
10
|
20
|
|
37,501 - 150,000
|
Higher rate
|
30
|
10
|
40
|
|
Over 150,000
|
Additional rate
|
35
|
10
|
45
|