CA · Americas ↔ GB · 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 37-country average is 43.2%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%CA 53.5%GB 45%
Income Tax, side by side
CountryRateSource
Canada53.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
United Kingdom45%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+8.5 ppCanada higher

Corporate Tax

0102030405060World avg 22.6%CA 26%GB 25%
Corporate Tax, side by side
CountryRateSource
Canada26%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
United Kingdom25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1 ppCanada 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

0102030405060World avg 19.2%CA 5%GB 20%
VAT, side by side
CountryRateSource
Canada5%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
United Kingdom20%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
Difference−15 ppUnited Kingdom higherlargest gap on this page

Between the two, United Kingdom's VAT rate (20%) tops Canada's (5%) by 15pp. The 37-country average is 19.2%: Canada sits below it, United Kingdom sits above it.

Wealth Tax

0102030405060World avg 0.1%CA 0%GB 0%
Wealth Tax, side by side
CountryRateSource
Canada0%Source: PWC Worldwide Tax Summaries — Canada (Individual, Other taxes) · as of 2026-06-12
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed 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.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.