FM · OceaniaGB · Europe
Micronesia vs United Kingdom: tax rates compared
United Kingdom's income tax rate is 35pp higher than Micronesia's (45% vs 10%). The 200-country average is 28%: Micronesia sits below it, United Kingdom sits above it. Micronesia'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 | FM | GB | Difference |
|---|---|---|---|
| Income Tax | 10% | 45% | GB +35 pplargest gap |
| Corporate Tax | 30% | 25% | FM +5 pp |
| Capital Gains Tax | 0% | 24% | GB +24 pp |
| Crypto Tax | 0% | 24% | GB +24 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 10% | Source: Code of the Federated States of Micronesia, Title 54 (Taxation and Customs), Section 121 · as of 2026-07-20 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −35 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 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 | Micronesia higher |
Micronesia's corporate tax rate is 5pp higher than United Kingdom's (30% vs 25%). The 201-country average is 22.6%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 — Taxation and Customs · 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's capital gains tax rate is 24pp higher than Micronesia's (24% vs 0%). The 175-country average is 10.3%: Micronesia sits below it, United Kingdom sits above it. Micronesia'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 |
|---|---|---|
| Micronesia | 0% | Source: Code of the Federated States of Micronesia, Title 54 · 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's crypto tax rate is 24pp higher than Micronesia's (24% vs 0%). The 88-country average is 13%: Micronesia sits below it, United Kingdom sits above it. Micronesia's figure is dated 2026-07-19 and United Kingdom's 2025-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Micronesia | 0% | Source: Federated States of Micronesia Code, Title 54 (Taxation and Customs), via fsmlaw.org · as of 2026-07-18 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | 0 pp | displayed rates match |
Micronesia'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. Micronesia's figure is dated 2026-07-18 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Not covered for both countries yet: VAT.