Welsh Devolved Taxes and Welsh Rates of Income Tax – Draft Budget 2022-2023

Welsh Rates of Income Tax

The draft Budget assumes the three Welsh Rates of Income Tax (basic, higher and additional) will remain at 10% (10p in the pound) for 2022-23. This will be subject to Senedd approval through a Rate Resolution and will mean that Welsh taxpayers will continue to pay the same rates as their English and Northern Irish counterparts.

This reflects our Programme for Government commitment not to raise Welsh rates of income tax for as long as the economic impact of the pandemic lasts.

PAYadvice.UK 20/12/2021

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