Tax

Tax Card 2019/20 TAXABLE INCOME TAX BANDS AND RATES   2019/20 2018/19 Starting rate* of 0% on savings up to £5,000 £5,000 Basic-rate band £37,500 £34,500 Higher-rate band £37,501 to £150,000 £34,501 to £150,000 Additional-rate band Over £150,000 Over £150,000 Basic rate 20% 20% Higher rate 40% 40% Additional rate 45% 45% Dividend ordinary rate

Tax Card 2018/19 TAXABLE INCOME BANDS AND TAX RATES   2018/19 2017/18 Starting rate* of 0% on savings up to £5,000 £5,000 Basic rate band £34,500 £33,500 Higher rate band £34,501 – £150,000 £33,501 – £150,000 Additional rate band Over £150,000 Over £150,000 Basic rate 20% 20% Higher rate 40% 40% Additional rate 45% 45%

Tax Card 2017/18 TAXABLE INCOME BANDS AND TAX RATES   2017/18 2016/17 Starting rate of 0% on savings up to £5,000* £5,000* Basic rate band Scottish basic rate band £33,500 £31,500 £32,000 £32,000 Higher rate band Scottish higher rate band £33,501-£150,000 £31,501-£150,000 £32,001-£150,000 £32,001-£150,000 Basic rate 20% 20% Higher rate 40% 40% Additional rate 45%

Property and inheritance tax Could you benefit from changes to inheritance tax? Inheritance tax basics IHT is payable if a person’s estate (their property, money and possessions) is valued at more than the nil-rate band when they die. The current nil-rate band has been set at £325,000 since 2009. Anything that exceeds this is taxed

Changes to non-dom taxation A guide to the important changes to the tax treatment of non-doms in 2017. For many years individuals who come to the UK but do not settle here permanently have had a number of distinct tax benefits. These UK resident but non-domiciled (non-dom) individuals have had to pay UK tax on