Scottish Workers to Lose More Money from Payslips Due to New HMRC Rule

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Scottish Workers to Lose More Money from Payslips Due to New HMRC Rule
Scottish WorkersHMRC RulePayslips
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Scottish workers will be affected by a new HMRC rule, resulting in them losing more money from their payslips compared to English workers. Tax changes implemented on April 6, 2024, will reduce Income Tax for Scottish workers and National Insurance rates for all UK workers. However, English workers will benefit from additional boosts and better income tax thresholds, while Scottish workers will still lose out on earnings above £28,000.

Scottish workers are being hit by a HMRC new rule introduced from Saturday onwards which means they will lose more money from their payslips, but English workers will not. Tax changes are being implemented on April 6 2024 for the new tax year which reduces Income Tax for Scottish workers and National Insurance rates for all UK workers, up to a maximum of £754 back into payslips.

English workers will benefit from both a £754 boost and slightly better income tax thresholds on earnings over £28,000, whereas Scots will get the £754 boost but still lose out on earnings above £28,000 which could wipe out some of the boost for some workers. And very high Scottish earners will lose about £1,251 - more than the National Insurance saving is worth thanks to an income tax HMRC change from Saturday affecting only Scottish workers

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Scottish Workers HMRC Rule Payslips Tax Changes Income Tax National Insurance Rates UK Workers Earnings

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