Top income tax
45.0%
Worldwide system
Corporate tax
25.0%
VAT
20.0%
standard rate
Tax residency
183 days
130 tax treaties
United Kingdom tax profile
Data year: 2025
- Tax system
- Worldwide Remittance basis formerly available for non-doms, abolished April 2025. Scotland has different PIT rates.
- Top PIT rate
- 45.0%
- Corporate tax rate
- 25.0%
- VAT
- 20.0%
- Capital gains tax
- 24.0% Residential property 18-24%. Other assets 10-20%. Annual exempt amount GBP 3,000.
- Social security (employee)
- 8.0%
- Social security (employer)
- 15.0%
- Social security cap (annual)
- GBP 50,270
- Dividend withholding
- 0.0%
- Interest withholding
- 20.0%
- Royalty withholding
- 20.0%
- Inheritance tax
- 40.0%
- Treaty count
- 130
Income tax brackets
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| GBP 0 | GBP 12,570 | 0.0% |
| GBP 12,570 | GBP 50,270 | 20.0% |
| GBP 50,270 | GBP 125,140 | 40.0% |
| GBP 125,140 | and above | 45.0% |
Special regimes (1)
| Name | Rate/amount | Duration | Status |
|---|---|---|---|
| FIG Regime (Foreign Income & Gains) 4-year exemption on foreign income and gains for new UK tax residents, replacing... | -- | 4yr | Active |
Tax flags
Digital Services Tax
Participation Exemption
Tax residency
- Days threshold
- 183 days
- Residency rules
- Statutory Residence Test (SRT) considers days present, ties to UK, and previous residence
- Exit tax
- No
- CFC rules
- Yes CFC rules apply to UK-resident companies with >25% interest in low-taxed foreign subsidiaries
Filing information
- Fiscal year
- 04-06 – 04-05
- Filing deadline
- January 31
Sources
- PwC UK Tax Summary (accessed Mar 23, 2026) PIT rates, corporation tax, NIC, VAT, CGT, withholding
- GOV.UK HMRC (accessed Mar 23, 2026) Official rates and thresholds for 2025/26