> Tax > Budget > Tax Tables March 2017 > Income Tax
Income Tax
| Rates | 16/17 | 17/18 |
| Basic rate of 20% on income up to : UK (excl. Scotland) | £32,000 | £33,500 |
| Scotland | £32,000 | £31,500* |
| Higher rate of 40% on income over: UK (excl. Scotland) | £32,000 | £33,500 |
| Scotland | £32,000 | £31,500* |
| Additional rate of 45% on income over: all UK | £150,000 | £150,000 |
| Starting rate of 0% on savings income up to** | £5,000 | £5,000 |
| Savings allowance at 0% tax · Basic rate taxpayers · Higher rate taxpayers · Additional rate taxpayers | £1,000 £500 £0 | £1,000 £500 £0 |
| Dividend allowance at 0% tax – all individuals | £5,000 | £5,000 |
| Tax rate on dividend income | | |
- Additional rate taxpayers
| 7.5% | 7.5% |
| 32.5% | 32.5% |
| 38.1% | 38.1% |
| Trusts: Standard rate band generally | £1,000 | £1,000 |
| Rate applicable to trusts: dividends | 38.1% | 38.1% |
| other income | 45% | 45% |
* For non-dividend, non-savings income only: otherwise UK (excl. Scotland) band applies
**Not available if taxable non-savings income exceeds the starting rate band. | | |
| Child Benefit Charge: 1% of benefit per £100 of income between £50,000 and £60,000 |
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