The average annual salary is currently £25,581.00.
Scotland’s average earnings are the third highest of the 12 UK countries and regions - with only London and the South East having higher average earnings.
Aberdeen and Edinburgh offer some of the highest average salaries in the UK - £38,036 and £35,784 respectively. London is the only UK city where average wages are higher.
You can find out about earnings on the office for National Statistics website.
Everyone who works in Scotland pays Income Tax and National Insurance from their earnings for the public services and benefits provided by the government. In most cases, you类似于500彩票网的APPr employer automatically deducts these from you类似于500彩票网的APPr monthly salary.
In 2016-17 the first £10,600 of you类似于500彩票网的APPr income is tax-free, and you类似于500彩票网的APP pay 20% in tax on the next £31,875. For most people, the top rate of tax is 40%.
Most employed people pay Class 1 National Insurance. In 2016-17, this normally means you类似于500彩票网的APP pay 12% on you类似于500彩票网的APPr earnings between £672-£3,532 per month and 2% on you类似于500彩票网的APPr earning over £3,532 per month.
You can calculate you类似于500彩票网的APPr potential Salary on Payscale.com.
Although house prices and rent are often lower than other parts of the UK, prices vary according to where you类似于500彩票网的APP live and the type of property you类似于500彩票网的APP have. Property prices in Scotland are £200,000 on average, compared to the UK average of £274,000. The average monthly rent is £537.
The average household spends £54.80 per week on food, which is lower than most other parts of the UK (of course, the cost of you类似于500彩票网的APPr weekly groceries depends on what you类似于500彩票网的APP buy, the number of people you类似于500彩票网的APP shop for and where you类似于500彩票网的APP go).
You can compare food prices on mysupermarket.com
Most households will spend about £25 per week on gas and electricity for their 类似于500彩票网的APP. 类似于500彩票网的APP energy prices will depend on how energy efficient you类似于500彩票网的APPr 类似于500彩票网的APP is – you类似于500彩票网的APP will get a note of this when you类似于500彩票网的APP rent or buy a 类似于500彩票网的APP. The price also depends which energy supplier you类似于500彩票网的APP choose.
You can compare energy suppliers on uswitch.
Scottish Water provides the water services to most households in Scotland. Water charges are normally included in you类似于500彩票网的APPr council tax, unless you类似于500彩票网的APPr 类似于500彩票网的APP or flat has a water meter. In this case, Scottish Water will send you类似于500彩票网的APP a bill to pay them directly.
You can find more about water rates from citizens advice.
Well-organised road, rail and ferry networks link Scotland from cities to the coastline. If you类似于500彩票网的APP plan ahead, you类似于500彩票网的APP can often get cheap travel deals.
If you类似于500彩票网的APP’re going to make a trip regularly for work, you类似于500彩票网的APP can save money by purchasing weekly, monthly or annual season tickets. The average household spends £12.40 per week on public transport.
You can find out more about public transport on Transport Scotland.
Generally, car prices in Scotland are similar to other parts of the UK. If you类似于500彩票网的APP know what you类似于500彩票网的APP’re looking for, you类似于500彩票网的APP can usually get a good price. You can compare the price of cars on various online car dealers offering both new and used vehicles.
Most people in Scotland spend an average of £19.50 per week on fuel. (Source )
You can compare used car prices on Car Finder and compare fuel prices on Whatgas.
Value Added Tax (VAT)
VAT is a sales tax that is applied to most goods and services. When you类似于500彩票网的APP buy goods from a shop the price will include VAT. When buying services, VAT is often shown as a separate amount and when getting a quote - you类似于500彩票网的APP should check whether the price includes or excludes VAT.
The standard rate of VAT is 20%. Some items such as children’s clothing and most food are zero rated, while VAT on 类似于500彩票网的APP energy is 5%.
You can find out about VAT, rates and exemptions on Gov.UK.
Other websites about the cost of living in Scotland