- 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 – 37,700 |
Basic rate |
10 |
10 |
20 |
| 37,701 – 125,140 |
Higher rate |
30 |
10 |
40 |
| Over 125,140 |
Additional rate |
35 |
10 |
45 |
- 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 – 37,700 |
Basic rate |
10 |
10 |
20 |
| 37,701 – 150,000 |
Higher rate |
30 |
10 |
40 |
| Over 150,000 |
Additional rate |
35 |
10 |
45 |
- 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 – 37,700 |
Basic rate |
10 |
10 |
20 |
| 37,701 – 150,000 |
Higher rate |
30 |
10 |
40 |
| Over 150,000 |
Additional rate |
35 |
10 |
45 |
- 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 |
