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Claritax News

Welsh income tax – Senedd agrees 2023-24 non-savings and non-dividend rates

13 Mar 2023

The Senedd has agreed a resolution setting the income tax rates on non-savings and non-dividend income as follows:

  • the Welsh rate for the purpose of calculating the basic rate of income tax is 10p in the pound;
  • the Welsh rate for the purpose of calculating the higher rate of income tax is 10p in the pound; and
  • the Welsh rate for the purpose of calculating the additional rate of income tax is 10p in the pound.

When the Welsh rates are added to the reduced UK rates in force in Wales then the total rates levied are equivalent to the rates in force in England and Northern Ireland.

https://record.senedd.wales/Motion/8215

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