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Nicaragua vs United Kingdom: tax rates compared

Between the two, United Kingdom's income tax rate (45%) tops Nicaragua's (30%) by 15pp. The 200-country average is 28%: both sit above it. Nicaragua's figure is dated 2026-01-12 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

0102030405060Income30%45%Corporate25%30%VAT15%20%Capital Gains15%24%Wealth Tax0%
five shared taxes, side by side
Tax NI GBDifference
Income Tax30%45%GB +15 pplargest gap
Corporate Tax30%25%NI +5 pp
VAT15%20%GB +5 pp
Capital Gains Tax15%24%GB +9 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nicaragua30%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Taxes on personal income) · as of 2026-01-12
United Kingdom45%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−15 ppUnited Kingdom higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nicaragua30%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+5 ppNicaragua higher

Between the two, Nicaragua's corporate tax rate (30%) tops United Kingdom's (25%) by 5pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Nicaragua15%Source: PWC Worldwide Tax Summaries — Nicaragua (Corporate, Other taxes) · as of 2026-01-12
United Kingdom20%Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24
Difference−5 ppUnited Kingdom higher

Between the two, United Kingdom's VAT rate (20%) tops Nicaragua's (15%) by 5pp. The 181-country average is 15%: Nicaragua matches the world average, United Kingdom sits above it. Nicaragua's figure is dated 2026-01-12 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
Nicaragua15%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Nicaragua · as of 2025-10-01
United Kingdom24%Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30
Difference−9 ppUnited Kingdom higher

Between the two, United Kingdom's capital gains tax rate (24%) tops Nicaragua's (15%) by 9pp. The 175-country average is 10.3%: both sit above it. Nicaragua's figure is dated 2025-10-01 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nicaragua0%Source: PWC Worldwide Tax Summaries — Nicaragua (Individual, Other taxes) · as of 2026-01-12
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed rates match

There's no gap here — Nicaragua and United Kingdom both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Nicaragua's figure is dated 2026-01-12 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.

Not covered for both countries yet: Crypto Tax.