August • #06

WELSH INCOME TAX STARTS 6 APRIL 2019

From 6 April 2019, the Welsh Government (like the Scottish Government) will be able to set and vary the rate of Income Tax paid by Taxpayers who live in Wales.

As in Scotland the system will be administered by HMRC. Taxpayers resident in Wales who are employed or in receipt of a taxable pension will have the letter “C” as a pre-fix to their tax code to ensure the correct amount of tax is deducted under PAYE.

FURTHER INFORMATION OR ADVICE:

If you would like further information or advice about any of the issues raised in this newsletter or any other tax-related matter then Steve Bird would be delighted to hear from you: steve.bird@viewpointaccountants.co.uk

01245 258 689

info@viewpointaccountants.co.uk