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Personal Tax- UK/Scottish/Welsh Tax rates

Article ID

personal-tax-uk-scottish-welsh-tax-rates

Article Name

Personal Tax- UK/Scottish/Welsh Tax rates

Created Date

9th July 2024

Product

Problem

Personal Tax- UK/Scottish/Welsh Tax rates - New Scottish rates 2024/25

Resolution

New Scottish Rates 2024/2025? Our Development team is currently looking into this so we can apply the new rates into PT in the future release version 25.1.0 in April 2025. Why not release earlier?: HMRC may have stated the changes in early 2023/2024 however we are dependent upon the HMRC calculations for 2024/2025 to be sent to our Development team and we only received these instructions late 2024 and we will need time to design it into PT.

To access the rates in PT to use for a client:

  1. Load client and year
  2. Reliefs
  3. Misc
  4. Tax calculation
  5. National Tax rates
  6. Select from menu the relevant country

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