MV · AsiaGB · Europe
Maldives vs United Kingdom: tax rates compared
Between the two, United Kingdom's income tax rate (45%) tops Maldives's (15%) by 30pp. The 200-country average is 28%: Maldives sits below it, United Kingdom sits above it. Maldives's figure is dated 2020-01-01 and United Kingdom's 2025-01-01, so the two rates come from different data vintages.
Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | MV | GB | Difference |
|---|---|---|---|
| Income Tax | 15% | 45% | GB +30 pplargest gap |
| Corporate Tax | 15% | 25% | GB +10 pp |
| VAT | 8% | 20% | GB +12 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | Source: Maldives Inland Revenue Authority (MIRA) — Individuals, Overview · as of 2020-01-01 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −30 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 15% | 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 | −10 pp | United Kingdom higher |
Between the two, United Kingdom's corporate tax rate (25%) tops Maldives's (15%) by 10pp. The 201-country average is 22.6%: Maldives sits below it, United Kingdom sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Maldives | 8% | Source: Maldives Inland Revenue Authority (MIRA) — Goods and Services Tax (GST) Overview · as of 2023-01-01 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −12 pp | United Kingdom higher |
Between the two, United Kingdom's VAT rate (20%) tops Maldives's (8%) by 12pp. The 181-country average is 15%: Maldives sits below it, United Kingdom sits above it. Maldives's figure is dated 2023-01-01 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Maldives | 0% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 (content current as of 1 October 2025, published February 2026) — Maldives chapter · as of 2025-10-01 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Maldives and United Kingdom both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Capital Gains Tax, Crypto Tax.