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Chile vs United Kingdom: tax rates compared

United Kingdom has an income tax rate of 45%, 5pp above Chile's 40%. The 37-country average is 43.2%: Chile sits below it, United Kingdom sits 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%CL 40%GB 45%
Income Tax, side by side
CountryRateSource
Chile40%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−5 ppUnited Kingdom higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%CL 27%GB 25%
Corporate Tax, side by side
CountryRateSource
Chile27%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+2 ppChile higher

Chile has a corporate tax rate of 27%, 2pp above United Kingdom's 25%. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.2%CL 19%GB 20%
VAT, side by side
CountryRateSource
Chile19%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−1 ppUnited Kingdom higher

United Kingdom has a VAT rate of 20%, 1pp above Chile's 19%. The 37-country average is 19.2%: Chile sits below it, United Kingdom sits above it.

Wealth Tax

0102030405060World avg 0.1%CL 0%GB 0%
Wealth Tax, side by side
CountryRateSource
Chile0%Source: PWC Worldwide Tax Summaries — Chile (Individual, Other taxes) · as of 2025-12-19
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed rates match

Chile and United Kingdom share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

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