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Grenada vs United Kingdom: tax rates compared
United Kingdom has an income tax rate of 45%, 15pp above Grenada's 30%. The 200-country average is 28%: both sit above it. Grenada's figure is dated 2026-07-20 and United Kingdom's 2025-01-01, so the two rates come from different data vintages.
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
| Tax | GD | GB | Difference |
|---|---|---|---|
| Income Tax | 30% | 45% | GB +15 pp |
| Corporate Tax | 28% | 25% | GD +3 pp |
| VAT | 15% | 20% | GB +5 pp |
| Capital Gains Tax | 0% | 24% | GB +24 pplargest gap |
| Crypto Tax | 0% | 24% | GB +24 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 30% | Source: Grenada Ministry of Finance — All you need to know about Personal Income Tax · as of 2026-07-20 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −15 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 28% | 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 | +3 pp | Grenada higher |
Grenada has a corporate tax rate of 28%, 3pp above United Kingdom's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Grenada | 15% | Source: Grenada Ministry of Finance — VAT and the Consumer · as of 2010-02-01 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −5 pp | United Kingdom higher |
United Kingdom has a VAT rate of 20%, 5pp above Grenada's 15%. The 181-country average is 15%: Grenada matches the world average, United Kingdom sits above it. Grenada's figure is dated 2010-02-01 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30 |
| Difference | −24 pp | United Kingdom higher |
United Kingdom has a capital gains tax rate of 24%, 24pp above Grenada's 0%. The 175-country average is 10.3%: Grenada sits below it, United Kingdom sits above it. Grenada's figure is dated 2026-07-19 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Grenada | 0% | Source: Grenada Inland Revenue Division — Income Tax · as of 2026-07-19 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29 |
| Difference | −24 pp | United Kingdom higher |
United Kingdom has a crypto tax rate of 24%, 24pp above Grenada's 0%. The 88-country average is 13%: Grenada sits below it, United Kingdom sits above it. Grenada's figure is dated 2026-07-19 and United Kingdom's 2025-05-29, so the two rates come from different data vintages.
Not covered for both countries yet: Wealth Tax.