LU · EuropeGB · Europe

Luxembourg vs United Kingdom: tax rates compared

Luxembourg has an income tax rate of 45.8%, 0.8pp above United Kingdom's 45%. 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

0102030405060Income45%45.8%Corporate23.9%25%VAT17%20%Capital Gains0%24%Crypto0%24%Wealth Tax0%
six shared taxes, side by side
Tax LU GBDifference
Income Tax45.8%45%LU +0.8 pp
Corporate Tax23.9%25%GB +1.1 pp
VAT17%20%GB +3 pp
Capital Gains Tax0%24%GB +24 pplargest gap
Crypto Tax0%24%GB +24 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Luxembourg45.8%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+0.8 ppLuxembourg higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%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−1.1 ppUnited Kingdom higher

United Kingdom has a corporate tax rate of 25%, 1.1pp above Luxembourg's 23.9%. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
United Kingdom20%Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24
Difference−3 ppUnited Kingdom higher

United Kingdom has a VAT rate of 20%, 3pp above Luxembourg's 17%. The 181-country average is 15%: both sit above it. Luxembourg's figure is dated 2026-01-13 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
United Kingdom24%Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30
Difference−24 ppUnited Kingdom higher

United Kingdom has a capital gains tax rate of 24%, 24pp above Luxembourg's 0%. The 175-country average is 10.3%: Luxembourg sits below it, United Kingdom sits above it. Luxembourg's figure is dated 2026-01-13 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Luxembourg0%Source: Luxembourg Direct Tax Administration (Administration des contributions directes) — Circular L.I.R. n° 14/5 – 99/3 – 99bis/3 (26 July 2018), "Monnaies virtuelles" · as of 2018-07-26
United Kingdom24%Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29
Difference−24 ppUnited Kingdom higher

United Kingdom has a crypto tax rate of 24%, 24pp above Luxembourg's 0%. The 88-country average is 13%: Luxembourg sits below it, United Kingdom sits above it. Luxembourg's figure is dated 2018-07-26 and United Kingdom's 2025-05-29, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed rates match

Luxembourg and United Kingdom share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Luxembourg's figure is dated 2026-01-13 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.