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Income tax rates - Wales

2019/20
  • 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