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China vs United Kingdom: tax rates compared

China's income tax rate is identical to United Kingdom's — both sit at 45%. The 200-country average is 28%: both sit above it.

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

At a glance

0102030405060Income45%Corporate25%VAT13%20%Capital Gains0%24%Wealth Tax0%
five shared taxes, side by side
Tax CN GBDifference
Income Tax45%45%match
Corporate Tax25%25%match
VAT13%20%GB +7 pp
Capital Gains Tax0%24%GB +24 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
China45%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Taxes on personal income) · as of 2025-12-31
United Kingdom45%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
China25%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
Difference0 ppdisplayed rates match

China's corporate tax rate is identical to United Kingdom's — both sit at 25%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
China13%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Corporate, Other taxes) · as of 2025-12-31
United Kingdom20%Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24
Difference−7 ppUnited Kingdom higher

United Kingdom's VAT rate is 7pp higher than China's (20% vs 13%). The 181-country average is 15%: China sits below it, United Kingdom sits above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
China0%Source: State Taxation Administration Shanxi Provincial Tax Service — Caishuizi [1998] No. 61 (财税字〔1998〕61号) · as of 1998-03-30
United Kingdom24%Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30
Difference−24 ppUnited Kingdom higher

United Kingdom's capital gains tax rate is 24pp higher than China's (24% vs 0%). The 175-country average is 10.3%: China sits below it, United Kingdom sits above it. China's figure is dated 1998-03-30 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
China0%Source: PWC Worldwide Tax Summaries — China, People's Republic of (Individual, Other taxes) · as of 2025-12-31
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed rates match

China's wealth tax rate is identical to United Kingdom's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.