P9X(2019) Tax Codes To Use

HMRC have now published P9X(2019) which gives employers and payroll professionals guidance on the tax codes and bandings for the 2019/20 tax year. I have summarised some of the information below. Personal Allowance The basic Personal Allowance to use for the 2019/20 tax year is £12,500. This applies to the whole of the United Kingdom […]

Scottish Income Tax Rates Confirmed

The Scottish budget for 2018/19 has been given the final approval in the Scottish Parliament. From April 2018, employees with a Scottish address registered with HM Revenue & Customs will move to 5 rates of income tax.  These are: 19% – Starter Rate £1 – 2,000 20% – Basic Rate £2001 – 12,150 21% – Intermediate […]