NO · EuropeGB · Europe
Norway vs United Kingdom: tax rates compared
United Kingdom's income tax rate is 5.3pp higher than Norway's (45% vs 39.7%). The 200-country average is 28%: both sit above it.
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
| Tax | NO | GB | Difference |
|---|---|---|---|
| Income Tax | 39.7% | 45% | GB +5.3 pp |
| Corporate Tax | 22% | 25% | GB +3 pp |
| VAT | 25% | 20% | NO +5 pp |
| Capital Gains Tax | 37.8% | 24% | NO +13.8 pplargest gap |
| Crypto Tax | 22% | 24% | GB +2 pp |
| Wealth Tax | 1.1% | 0% | NO +1.1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 39.7% | 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 | −5.3 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | 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 | −3 pp | United Kingdom higher |
United Kingdom's corporate tax rate is 3pp higher than Norway's (25% vs 22%). The 201-country average is 22.6%: Norway sits below it, United Kingdom sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Norway | 25% | Source: PWC Worldwide Tax Summaries — Norway (Corporate, Other taxes) · as of 2026-06-25 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | +5 pp | Norway higher |
Norway's VAT rate is 5pp higher than United Kingdom's (25% vs 20%). The 181-country average is 15%: both sit above it. Norway's figure is dated 2026-06-25 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 37.8% | Source: PwC Worldwide Tax Summaries — Norway (Individual, Income determination) · as of 2026-01-20 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30 |
| Difference | +13.8 pp | Norway higher |
Norway's capital gains tax rate is 13.8pp higher than United Kingdom's (37.8% vs 24%). The 175-country average is 10.3%: both sit above it. Norway's figure is dated 2026-01-20 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 22% | Source: Norwegian Tax Administration (Skatteetaten) — Skatte-ABC, V-13-3.4 Realisasjon (virtual assets — realization) · as of 2026-01-01 |
| United Kingdom | 24% | Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29 |
| Difference | −2 pp | United Kingdom higher |
United Kingdom's crypto tax rate is 2pp higher than Norway's (24% vs 22%). The 88-country average is 13%: both sit above it. Norway's figure is dated 2026-01-01 and United Kingdom's 2025-05-29, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Norway | 1.1% | Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01 |
| United Kingdom | 0% | Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24 |
| Difference | +1.1 pp | Norway higher |
Norway's wealth tax rate is 1.1pp higher than United Kingdom's (1.1% vs 0%). The 193-country average is 0.1%: Norway sits above it, United Kingdom sits below it. Norway's figure is dated 2026-01-01 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.