释义 |
Welsh rate From April 2019 the Welsh Parliament has the power to determine the rate of income tax payable by an individual resident in Wales (Income Taxes Act 2007 s 6B). This applies to basic rate, higher rate, and additional rate tax paid by an individual. Trustees are subject to the Welsh rate irrespective of where they are resident. Dividend tax is a UK charge and is not affected by the Welsh rate. |