![Income Tax in Scotland](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/07/a0454947-4159-418c-b078-c97b29578c6e.jpg?time=1721904085)
![Income Tax in Scotland](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/07/a0454947-4159-418c-b078-c97b29578c6e.jpg?time=1721904085)
![What your tax code means](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/07/591a977a-274a-4618-a677-a255fd961f7d.jpg?time=1721904085)
What your tax code means
The letters in your tax code signify your entitlement (or not) to the annual tax free personal allowance. The tax codes are updated annually and help employers work out how much tax to deduct from an employee’s pay packet. The basic personal allowance for...![Are you claiming the marriage allowance](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/06/2bee072e-74fb-4555-9d82-cccea3df4492.jpg?time=1721904085)
Are you claiming the marriage allowance
The marriage allowance can be claimed by married couples and those in a civil partnership and where a spouse or civil partner does not pay tax or does not pay tax above the basic rate threshold for Income Tax (i.e., one of the couples must currently...![Is your income over £100,000?](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/06/0e5bc131-a578-409c-9411-a8cca29ceca9.jpg?time=1721904085)
Is your income over £100,000?
If you earn over £100,000 in any tax year your personal allowance is gradually reduced by £1 for every £2 of adjusted net income over £100,000 irrespective of age. This means that any taxable receipt that takes your income over £100,000...![Self-assessment payments on account](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/06/cd0a377b-72ad-4512-88d9-a41ab19b97ef.jpg?time=1721904085)
Self-assessment payments on account
Self-assessment taxpayers are usually required to pay their income tax liabilities in three instalments each year. The first two payments on account are due on 31 January during the tax year and 31 July following the tax year end date. These payments on account are...![Interest on children’s savings](https://bvje65.n3cdn1.secureserver.net/wp-content/uploads/2024/06/75bcbcbd-af43-4da1-ba40-11b96e624fa2.jpg?time=1721904085)