Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Personal Income Tax Rate in United Kingdom

Tax Rate For Individuals in United Kingdom

Indicator Data Period
Personal Income Tax Rate 45 % 2023


Latest data on Personal Income Tax Rate (%)

Personal Income Tax Rate
                     United Kingdom - Historical Data (%)

What is personal tax rate in United Kingdom?

  • Personal Income Tax Rate in United Kingdom remained unchanged at 45 % in 2023. The maximum rate was 50 % and minimum was 40 %.
  • Data published Yearly by Hm Revenue & Customs.

Historical Data (%) by years

Data
Period
Date
45 2023 03.04.2023
45 2022 24.10.2022
45 2021 19.05.2021
45 2020 20.02.2020
45 2019 19.06.2019
45 2018 12.02.2018
45 2016 11.08.2017
45 2015 31.12.2015


Historical Chart by prime ministers (%)

Personal Income Tax Rate in United Kingdom by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Theresa May 13.07.2016 - 45.0000 45.0000 45.0000 45.0000 0.00%
David Cameron 11.05.2010 - 13.07.2016 50.0000 45.0000 50.0000 45.0000 -10.00%
Gordon Brown 27.06.2007 - 11.05.2010 40.0000 40.0000 40.0000 40.0000 0.00%
Tony Blair 02.05.1997 - 27.06.2007 40.0000 40.0000 40.0000 40.0000 0.00%
John Major 28.11.1990 - 02.05.1997 40.0000 40.0000 40.0000 40.0000 0.00%

Other taxes in United Kingdom

Index Updated Actual Previous
Corporate Tax Rate 2023 19 % 19
Sales Tax Rate 2023 20 % 20
Social Security Rate 2023 31.55 % 31.55

Personal Income Tax Rate in other countries

Country Updated Actual Previous
Austria 2023 55 % 55
Ireland 2023 40 % 40
Luxembourg 2023 42 % 42
Spain 2023 47 % 47
Iceland 2023 46.25 % 46.25
Norway 2021 38.2 % 38.2
Belarus 2022 13 % 13
Belgium 2023 50 % 50
Bulgaria 2023 10 % 10
Croatia 2022 30 % 30
Cyprus 2023 35 % 35
Czech Republic 2022 23 % 23
Denmark 2022 56 % 55.9
Estonia 2022 20 % 20
Euro Area 2022 42.9 % 43
European Union 2021 37.8 % 36.9
Finland 2021 56.95 % 56.95
France 2023 45 % 45
Germany 2022 45 % 45
Greece 2023 44 % 44
Hungary 2022 15 % 15
Italy 2023 43 % 43
Latvia 2023 31 % 31
Lithuania 2023 20 % 20
Macedonia 2023 10 % 10
Malta 2023 35 % 35
Moldova 2023 12 % 12
Montenegro 2021 9 % 9
Netherlands 2023 49.5 % 49.5
Poland 2023 32 % 32
Portugal 2023 48 % 48
Romania 2023 10 % 10
Russia 2022 13 % 13
Serbia 2021 10 % 10
Slovakia 2023 25 % 25
Slovenia 2022 45 % 50
Sweden 2023 52.3 % 52.3
Switzerland 2022 40 % 40
Turkey 2023 40 % 40
Ukraine 2023 18 % 18
United Kingdom 2023 45 % 45
Liechtenstein 2023 22.4 % 22.4
Albania 2023 23 % 23
Bosnia and Herzegovina 2023 10 % 10
Kosovo 2023 10 % 10