NG · AfricaGB · Europe

Nigeria vs United Kingdom: tax rates compared

United Kingdom has an income tax rate of 45%, 20pp above Nigeria's 25%. The 200-country average is 28%: Nigeria sits below it, United Kingdom sits above it. Nigeria's figure is dated 2026-05-29 and United Kingdom's 2025-01-01, so the two rates come from different data vintages.

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

0102030405060Income25%45%Corporate25%30%VAT7.5%20%Capital Gains24%25%Crypto24%25%Wealth Tax0%
six shared taxes, side by side
Tax NG GBDifference
Income Tax25%45%GB +20 pplargest gap
Corporate Tax30%25%NG +5 pp
VAT7.5%20%GB +12.5 pp
Capital Gains Tax25%24%NG +1 pp
Crypto Tax25%24%NG +1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Nigeria25%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Taxes on personal income) · as of 2026-05-29
United Kingdom45%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−20 ppUnited Kingdom higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Nigeria30%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 ppNigeria higher

Nigeria 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

VAT, side by side
CountryRateSource
Nigeria7.5%Source: PWC Worldwide Tax Summaries — Nigeria (Corporate, Other taxes) · as of 2026-05-29
United Kingdom20%Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24
Difference−12.5 ppUnited Kingdom higher

United Kingdom has a VAT rate of 20%, 12.5pp above Nigeria's 7.5%. The 181-country average is 15%: Nigeria sits below it, United Kingdom sits above it. Nigeria's figure is dated 2026-05-29 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
Nigeria25%Source: PwC Worldwide Tax Summaries — Nigeria (Individual, Income determination) · as of 2026-05-29
United Kingdom24%Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30
Difference+1 ppNigeria higher

Nigeria has a capital gains tax rate of 25%, 1pp above United Kingdom's 24%. The 175-country average is 10.3%: both sit above it. Nigeria's figure is dated 2026-05-29 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Nigeria25%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Nigeria · as of 2025-10-01
United Kingdom24%Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29
Difference+1 ppNigeria higher

Nigeria has a crypto tax rate of 25%, 1pp above United Kingdom's 24%. The 88-country average is 13%: both sit above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Nigeria0%Source: PWC Worldwide Tax Summaries — Nigeria (Individual, Other taxes) · as of 2026-05-29
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed rates match

Nigeria and United Kingdom share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Nigeria's figure is dated 2026-05-29 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.