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Welsh Rates of Income Tax

Welsh Rates of Income Tax (WRIT) is part of the UK income tax system and from 6 April 2019 a proportion of income tax paid by taxpayers living in Wales is transferred straight to the Welsh Government to fund Welsh public services. It is administered by HM Revenue and Customs (HMRC), but it is not a devolved tax comparable to Scottish income tax.

History
The Wales Act 2014, which received Royal Assent on 17 December 2014, gave the National Assembly for Wales the power to set a Welsh basic, higher and additional rate of income tax to be charged on people living in Wales. From 6 April 2019 the UK government reduced the three rates of UK income tax (basic, higher and additional) paid by people in Wales 10p. The Welsh Government decided the WRIT on the Welsh three rates, which added to the reduced UK rates. The Welsh Parliament can set Welsh rates anything from zero to any number in the pound. ==WRIT tax rates==
WRIT tax rates
The rates in the table are those rates imposed by the Welsh Government. They exclude the standard UK personal allowance and the reduced income tax rates which are collected by the UK Government. Those earning more than £100,000 have a reduced personal allowance. ==References==
Source: Wikipedia ↗
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