Bands	2023-24	2022-23
Savings starting rate - 0%*	£1 - £5,000	£1 - £5,000
Basic rate 20%	£1 - £37,700	£1 - £37,700
Higher rate 40%	£37,701 - £125,140	£37,701 - £150,000
Additional rate 45%	Over £125,140	Over £150,000

Scottish rates
Starter rate 19%	£1 - £2,162	£1 - £2,162
Basic rate 20%	£2,163 - £13,118	£2,163 - £13,118
Intermediate rate - 21%	£13,119 - £31,092	£13,119 - £31,092
Higher rate - 42% (2022-23: 41%)	£31,093 - £125,140	£31,093 - £150,000
Additional rate - 47% (2022-23: 46%)	Over £125,140	Over £150,000

Welsh rates
Starter rate 0%*	£1 - £5,000	£1 - £5,000
Basic rate 20%	£1 - £37,700	£1 - £37,700
Higher rate - 40%	£37,701 - £125,140	£37,701 - £150,000
Additional rate - 45%	Over £125,140	Over £150,000

* The savings starting rate does not apply if non-savings income exceeds £5,000.

Income tax in Scotland and Wales is payable on non-savings and non-dividend income.

Dividend allowance	£1,000	£2,000
Dividend ordinary rate	8.75%	8.75%
Dividend upper rate	33.75%	33.75%
Dividend additional rate	39.35%	39.35%
Personal savings allowance
- basic rate taxpayers	£1,000	£1,000
- higher rate taxpayers	£500	£500
Reliefs	2023-24	2022-23
Personal allowance	£12,570	£12,570
Registered blind person's allowance	£2,870	£2,600
Income limit for personal allowance*	£100,000	£100,000

* The personal allowance is gradually withdrawn by £1 for every £2 of income over £100,000.

Married couple allowance - tax relief given at 10%
- Born before 6 April 1935	£9,415	£9,125
- Minimum amount*	£3,640	£3,530
- Income limit	£31,400	£30,400
- Marriage allowance*	£1,260	£1,260

*A tax payer can transfer up to £1,260 (2022-23: £1,260) of their unused personal allowance to a spouse or civil partner who is not a higher rate taxpayer.

High Income Child Benefit Charge* on income over

£50,000

* The tax charge is levied at the rate of 1% of the full child benefit award for each £100 that income exceeds £50,000, up to a maximum of 100% of the child benefit claimed.

Taxpayers can choose whether to continue receiving child benefit and pay the tax charge or may opt out of receiving the child benefit.

There is a cap on certain Income Tax reliefs of the greater of £50,000 or 25% of income.

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