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Budget 2020: tax rates and allowances
2019/20 2020/21 Income tax rates: England and Wales only (non-dividend income) £ £ 0% starting rate for savings only (note 1) Up to 5,000 Up to 5,000 20% basic rate tax 12,501-50,000 12,501-50,000 40% higher rate tax 50,001-150,000 50,001-150,000 45% additional rate tax Above 150,000 Above 150,000 Scottish rates of Read more…