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Social Security Rate for Companies and Employees in United Kingdom

Social Security Rate Data in United Kingdom

Indicator Data Period
Social Security Rate 31.55 % 2023
Social Security Rate For Companies 15.05 % 2023
Social Security Rate For Employees 16.5 % 2023


Latest data on Social Security Rate (%)

Social Security Rate
                     United Kingdom - Historical Data (%)

What is Social Security Rate in United Kingdom?

  • Social Security Rate in United Kingdom remained unchanged at 31.55 % in 2023. The maximum rate was 27.8 % and minimum was 9 %.
  • Data published Yearly by Hm Revenue & Customs.

Historical Data (%) by years

Data
Period
Date
31.55 2023 05.04.2023
31.55 2022 25.10.2022
27.8 2021 19.05.2021
27.8 2020 28.06.2020
25.8 2019 28.01.2019
25.8 2018 13.02.2018
25.8 2016 11.08.2017
25.8 2015 31.12.2015


Historical Chart by prime ministers (%)

Social Security 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 - 25.8000 25.8000 25.8000 25.8000 0.00%
David Cameron 11.05.2010 - 13.07.2016 23.8000 25.8000 25.8000 23.8000 8.40%
Gordon Brown 27.06.2007 - 11.05.2010 23.8000 23.8000 23.8000 23.8000 0.00%
Tony Blair 02.05.1997 - 27.06.2007 22.2000 23.8000 23.8000 21.8000 7.21%
John Major 28.11.1990 - 02.05.1997 9.0000 9.0000 9.0000 9.0000 0.00%
Margaret Thatcher 04.05.1979 - 28.11.1990 17.9500 17.9500 17.9500 17.9500 0.00%


Latest data on Social Security Rate For Companies (%)

Social Security Rate For Companies
                     United Kingdom - Historical Data (%)

What is Social Security Rate For Companies in United Kingdom?

  • Social Security Rate in United Kingdom remained unchanged at 15.05 % in 2023. The maximum rate was 13.8 % and minimum was 10.2 %.
  • Data published Yearly by Hm Revenue & Customs.

Historical Data (%) by years

Data
Period
Date
15.05 2023 05.04.2023
15.05 2022 25.10.2022
13.8 2021 19.05.2021
13.8 2020 28.06.2020
13.8 2019 28.01.2019
13.8 2018 13.02.2018
13.8 2016 11.08.2017
13.8 2015 31.12.2015


Historical Chart by prime ministers (%)

Social Security Rate For Companies in United Kingdom by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Theresa May 13.07.2016 - 13.8000 13.8000 13.8000 13.8000 0.00%
David Cameron 11.05.2010 - 13.07.2016 12.8000 13.8000 13.8000 12.8000 7.81%
Gordon Brown 27.06.2007 - 11.05.2010 12.8000 12.8000 12.8000 12.8000 0.00%
Tony Blair 02.05.1997 - 27.06.2007 12.2000 12.8000 12.8000 11.8000 4.92%
Margaret Thatcher 04.05.1979 - 28.11.1990 10.2000 10.2000 10.2000 10.2000 0.00%


Latest data on Social Security Rate For Employees (%)

Social Security Rate For Employees
                     United Kingdom - Historical Data (%)

What is employer Social Security rate in United Kingdom?

  • Corporate Tax Rate in United Kingdom remained unchanged at 16.5 % in 2023. The maximum rate was 14 % and minimum was 7.75 %.
  • Data published Yearly by Hm Revenue & Customs.

Historical Data (%) by years

Data
Period
Date
16.5 2023 05.04.2023
16.5 2022 25.10.2022
14 2021 19.05.2021
14 2020 28.06.2020
12 2019 28.01.2019
12 2018 13.02.2018
12 2016 11.08.2017
12 2015 31.12.2015


Historical Chart by prime ministers (%)

Social Security Rate For Employees in United Kingdom by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Theresa May 13.07.2016 - 12.0000 12.0000 12.0000 12.0000 0.00%
David Cameron 11.05.2010 - 13.07.2016 11.0000 12.0000 12.0000 11.0000 9.09%
Gordon Brown 27.06.2007 - 11.05.2010 11.0000 11.0000 11.0000 11.0000 0.00%
Tony Blair 02.05.1997 - 27.06.2007 10.0000 11.0000 11.0000 10.0000 10.00%
John Major 28.11.1990 - 02.05.1997 9.0000 9.0000 9.0000 9.0000 0.00%
Margaret Thatcher 04.05.1979 - 28.11.1990 7.7500 7.7500 7.7500 7.7500 0.00%

Other taxes in United Kingdom

Index Updated Actual Previous
Corporate Tax Rate 2023 19 % 19
Personal Income Tax Rate 2023 45 % 45
Sales Tax Rate 2023 20 % 20

Social Security Rate in other countries

Country Updated Actual Previous
Austria 2023 39.15 % 39.35
Ireland 2023 15.05 % 15.05
Luxembourg 2022 27.9 % 27.62
Spain 2023 36.25 % 36.25
Iceland 2023 10.35 % 10.35
Norway 2022 22.1 % 22.3
Belarus 2022 35 % 35
Belgium 2023 48.07 % 48.07
Bulgaria 2023 33.4 % 33.4
Croatia 2023 36.5 % 36.5
Cyprus 2023 16.6 % 16.6
Czech Republic 2023 44.8 % 44.8
Denmark 2022 0 % 0
Estonia 2023 37.4 % 37.4
Finland 2021 31.55 % 32.52
France 2023 68 % 68
Germany 2022 36.66 % 40.21
Greece 2023 36.16 % 36.16
Hungary 2023 31.5 % 31.5
Italy 2023 40 % 40
Latvia 2023 34.09 % 34.09
Lithuania 2023 21.27 % 21.27
Malta 2023 20 % 20
Moldova 2023 33 % 33
Montenegro 2023 21.5 % 21.5
Netherlands 2021 51.24 % 50.84
Poland 2021 35.85 % 35.85
Portugal 2023 34.75 % 34.75
Romania 2023 37.25 % 37.25
Russia 2023 30 % 30
Serbia 2023 37.55 % 36.05
Slovakia 2023 48.6 % 48.6
Slovenia 2023 38.2 % 38.2
Sweden 2023 38.42 % 38.42
Switzerland 2022 12.8 % 12.8
Turkey 2022 34.5 % 37.5
Ukraine 2019 22 % 22
United Kingdom 2023 31.55 % 31.55
Albania 2023 24.5 % 24.5
Bosnia and Herzegovina 2023 41.5 % 41.5
Kosovo 2023 10 % 10