Income Tax Rates 2022/23
Non-savings, non-dividend income – England, Wales, NI
| 2021/22 | Band | 2022/23 | Band |
| Basic rate: 20% | £0 – £37,700 | Basic rate: 20% | £0 – £37,700 |
| Higher rate: 40% | £37,701 – £150,000 | Higher rate: 40% | £37,701 – £150,000 |
| Additional rate: 45% | Over £150,000 | Additional rate: 45% | Over £150,000 |
Non-savings, non-dividend income – Scotland
| 2021/22 | Band | 2022/23 | Band |
| Stater rate: 19% | £0 – £2,097 | Stater rate: 19% | £0 – £2,162 |
| Basic rate: 20% | £2,098 – £12,726 | Basic rate: 20% | £2,163 – £13,118 |
| Intermediate rate: 21% | £12,727 – £31,092 | Intermediate rate: 21% | £13,119 – £31,092 |
| Higher rate: 41% | £31,093 – £150,000 | Higher rate: 41% | £31,093 – £150,000 |
| Top rate: 46% | Over £150,000 | Top rate: 46% | Over £150,000 |
Savings and dividend income – UK
| 2021/22 | 2022/23 | |
| Savings income – basic rate | 20%* | 20%* |
| Savings income – higher rate | 40% | 40% |
| Savings income – additional rate | 45% | 45% |
| Dividends – basic rate | 7.5% | 8.75% |
| Dividends – higher rate | 32.5% | 33.75% |
| Dividends – additional rate | 38.1% | 39.35% |
*0% starting rate on up to £5,000 of savings income for 2021/22 & 2022/23.
Not available if non-savings/non-dividend income exceeds this limit.
Trusts Standard Rate Band £1,000