NO · Europe ↔ GB · 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 37-country average is 43.2%: Norway sits below it, United Kingdom sits above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%NO 39.7%GB 45%
Income Tax, side by side
CountryRateSource
Norway39.7%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
United Kingdom45%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−5.3 ppUnited Kingdom higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%NO 22%GB 25%
Corporate Tax, side by side
CountryRateSource
Norway22%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−3 ppUnited 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

0102030405060World avg 19.2%NO 25%GB 20%
VAT, side by side
CountryRateSource
Norway25%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
United Kingdom20%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
Difference+5 ppNorway higher

Norway's VAT rate is 5pp higher than United Kingdom's (25% vs 20%). The 37-country average is 19.2%: both sit above it.

Wealth Tax

0102030405060World avg 0.1%NO 1.1%GB 0%
Wealth Tax, side by side
CountryRateSource
Norway1.1%Source: Skatteetaten (Norwegian Tax Administration) — Wealth tax rates · as of 2026-01-01
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference+1.1 ppNorway 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.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.