With devolution comes different rates and ways of operating the tax system for our employees. However, unlike Scotland (SRIT) the Welsh Government only have powers to amend the rates of Income Tax and not the thresholds. The new powers come into force from 6 April 2019 but thankfully for the 2019/20 tax year, the rates will remain i.e. 20%, 40% and 45% as per the rest of the UK.
If you have any queries about the new legislation please call Karen Thomson on 07825 561028 or email her at email@example.com. Or visit our website for more Payroll information and resources.Visit Website
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