MX · AmericasGB · Europe
Mexico vs United Kingdom: tax rates compared
United Kingdom has an income tax rate of 45%, 10pp above Mexico's 35%. 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
| Tax | MX | GB | Difference |
|---|---|---|---|
| Income Tax | 35% | 45% | GB +10 pp |
| Corporate Tax | 30% | 25% | MX +5 pp |
| VAT | 16% | 20% | GB +4 pp |
| Capital Gains Tax | 10% | 24% | GB +14 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 35% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −10 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 30% | 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 | +5 pp | Mexico higher |
Mexico has a corporate tax rate of 30%, 5pp above United Kingdom's 25%. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Mexico | 16% | Source: PWC Worldwide Tax Summaries — Mexico (Corporate, Other taxes) · as of 2026-02-24 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −4 pp | United Kingdom higher |
United Kingdom has a VAT rate of 20%, 4pp above Mexico's 16%. The 181-country average is 15%: both sit above it. Mexico's figure is dated 2026-02-24 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 10% | Source: PwC Worldwide Tax Summaries — Mexico (Individual, Income determination) · as of 2026-01-30 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30 |
| Difference | −14 pp | United Kingdom higher |
United Kingdom has a capital gains tax rate of 24%, 14pp above Mexico's 10%. The 175-country average is 10.3%: Mexico sits below it, United Kingdom sits above it. Mexico's figure is dated 2026-01-30 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Mexico | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-24 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | 0 pp | displayed rates match |
Mexico and United Kingdom share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Mexico's figure is dated 2026-02-24 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.