CA · AmericasGB · Europe
Canada vs United Kingdom: tax rates compared
Between the two, Canada's income tax rate (53.5%) tops United Kingdom's (45%) by 8.5pp. 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 | CA | GB | Difference |
|---|---|---|---|
| Income Tax | 53.5% | 45% | CA +8.5 pp |
| Corporate Tax | 26% | 25% | CA +1 pp |
| VAT | 5% | 20% | GB +15 pplargest gap |
| Capital Gains Tax | 27.4% | 24% | CA +3.4 pp |
| Crypto Tax | 27.4% | 24% | CA +3.4 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 53.5% | 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 | +8.5 pp | Canada higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 26% | 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 | +1 pp | Canada higher |
Between the two, Canada's corporate tax rate (26%) tops United Kingdom's (25%) by 1pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Canada | 5% | Source: PWC Worldwide Tax Summaries — Canada (Corporate, Other taxes) · as of 2026-06-12 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −15 pp | United Kingdom higher |
Between the two, United Kingdom's VAT rate (20%) tops Canada's (5%) by 15pp. The 181-country average is 15%: Canada sits below it, United Kingdom sits above it. Canada's figure is dated 2026-06-12 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Taxes on personal income) · as of 2026-06-12 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30 |
| Difference | +3.4 pp | Canada higher |
Between the two, Canada's capital gains tax rate (27.4%) tops United Kingdom's (24%) by 3.4pp. The 175-country average is 10.3%: both sit above it. Canada's figure is dated 2026-06-12 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 27.4% | Source: Canada Revenue Agency — Guide for cryptocurrency users and tax professionals · as of 2023-12-13 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29 |
| Difference | +3.4 pp | Canada higher |
Between the two, Canada's crypto tax rate (27.4%) tops United Kingdom's (24%) by 3.4pp. The 88-country average is 13%: both sit above it. Canada's figure is dated 2023-12-13 and United Kingdom's 2025-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Canada | 0% | Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Canada and United Kingdom both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Canada's figure is dated 2026-06-12 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.