ICAS publishes updated Guide to Scottish Taxes
By Charlotte Barbour, Director of Taxation, ICAS
2 May 2018
ICAS has published a revised Guide to Scottish Taxes. It is based on the legislation in place in March 2018 and includes the five new tax bands that are in place for Scottish taxpayers in 2018/19.
Scotland’s taxes are increasingly diverging from the rest of the UK, and there are practical and administrative considerations that taxpayers, tax advisers, and the accounting profession need to be aware of.
The guide discusses:
- the background to Scottish taxes;
- public finances in Scotland;
- which tax authority is responsible for which tax; and
- a brief outline of each Scottish tax.
It is based on the legislation in place in March 2018 and includes the five new tax bands that are in place for Scottish taxpayers in 2018/19.
The Scottish income tax rates and bands for 2018/19 are:
ICAS Guide to Scottish Taxes
