From April of this year, people paying tax will see a change in how much they are now taking home with them at the end of each pay day.
It comes as the Scottish Government made changes meaning those on the highest salary will pay more, with the biggest loss set to be those earning over £160,000 who will take home over £2,500 less per year.
Set to come into force in April 2023, Scottish income tax rates and thresholds - which are set by the Scottish Parliament - differ from other parts of the UK with rates in England, Northern Ireland and Wales put in place by the UK Parliament.
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So what's changing and how much more tax, if any, will you be paying? Here's what you need to know...
Scottish tax changes for April 2023 - how much less you'll take home per year
Annual income |
How much less you'll take home per year |
| £15,000 | Salary will remain the same |
| £30,000 | Salary will remain the same |
| £40,000 | Salary will remain the same |
| £45,000 | £13 less each year |
£50,000 |
£63 less each year |
£60,000 |
£163 less each year |
£100,000 |
£563 less each year |
£120,000 |
£863 less each year |
£150,000 |
£2,432 less each year |
£160,000 |
£2,532 less each year |
How to calculate your new tax and how much you'll be taking home
You can use the tax calculator which can be found on the Money Saving Expert (MSE) website.
To calculate how much your take home pay will be, you will need to do the following:
- Visit the MSE Income Tax Calculator
- Enter your Gross (pre-tax) Income
- Enter the tax year - for the April 2023 income tax changes, select ‘2023/24’
- Enter your age
- Tick the option stating that you live in Scotland
- Click 'Calculate'
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