AU · OceaniaGB · Europe
Australia vs United Kingdom: tax rates compared
Australia has an income tax rate of 47%, 2pp above United Kingdom's 45%. The 200-country average is 28%: both sit above it.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AU | GB | Difference |
|---|---|---|---|
| Income Tax | 47% | 45% | AU +2 pp |
| Corporate Tax | 30% | 25% | AU +5 pp |
| VAT | 10% | 20% | GB +10 pp |
| Capital Gains Tax | 45% | 24% | AU +21 pplargest gap |
| Crypto Tax | 45% | 24% | AU +21 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 47% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +2 pp | Australia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 30% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| United Kingdom | 25% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5 pp | Australia higher |
Australia has a corporate tax rate of 30%, 5pp above United Kingdom's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Australia | 10% | Source: PWC Worldwide Tax Summaries — Australia (Corporate, Other taxes) · as of 2026-06-30 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −10 pp | United Kingdom higher |
United Kingdom has a VAT rate of 20%, 10pp above Australia's 10%. The 181-country average is 15%: Australia sits below it, United Kingdom sits above it. Australia's figure is dated 2026-06-30 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: PWC Worldwide Tax Summaries — Australia (Individual, Taxes on personal income) · as of 2026-06-30 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30 |
| Difference | +21 pp | Australia higher |
Australia has a capital gains tax rate of 45%, 21pp above United Kingdom's 24%. The 175-country average is 10.3%: both sit above it. Australia's figure is dated 2026-06-30 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 45% | Source: Australian Taxation Office — How to work out and report CGT on crypto · as of 2026-06-22 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29 |
| Difference | +21 pp | Australia higher |
Australia has a crypto tax rate of 45%, 21pp above United Kingdom's 24%. The 88-country average is 13%: both sit above it. Australia's figure is dated 2026-06-22 and United Kingdom's 2025-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Australia | 0% | Source: PWC Worldwide Tax Summaries — Australia (Net wealth/worth tax rates) · as of 2026-06-30 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | 0 pp | displayed rates match |
Australia and United Kingdom share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Australia's figure is dated 2026-06-30 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.