VC · AmericasGB · Europe
Saint Vincent and the Grenadines vs United Kingdom: tax rates compared
Between the two, United Kingdom's income tax rate (45%) tops Saint Vincent and the Grenadines's (28%) by 17pp. The 200-country average is 28%: Saint Vincent and the Grenadines matches the world average, United Kingdom sits above it. Saint Vincent and the Grenadines's figure is dated 2024-01-01 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
| Tax | VC | GB | Difference |
|---|---|---|---|
| Income Tax | 28% | 45% | GB +17 pp |
| Corporate Tax | 28% | 25% | VC +3 pp |
| VAT | 16% | 20% | GB +4 pp |
| Capital Gains Tax | 0% | 24% | GB +24 pplargest gap |
| Crypto Tax | 0% | 24% | GB +24 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | Source: Saint Vincent and the Grenadines Inland Revenue Department — PAYE Tax Tables (Code 245) · as of 2024-01-01 |
| United Kingdom | 45% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −17 pp | United Kingdom higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 28% | 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 | Saint Vincent and the Grenadines higher |
Between the two, Saint Vincent and the Grenadines's corporate tax rate (28%) tops United Kingdom's (25%) by 3pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 16% | Source: EY Worldwide VAT, GST and Sales Tax Guide 2026 — Saint Vincent and the Grenadines · as of 2026-01-01 |
| United Kingdom | 20% | Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24 |
| Difference | −4 pp | United Kingdom higher |
Between the two, United Kingdom's VAT rate (20%) tops Saint Vincent and the Grenadines's (16%) by 4pp. The 181-country average is 15%: both sit above it. Saint Vincent and the Grenadines's figure is dated 2026-01-01 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · 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 |
Between the two, United Kingdom's capital gains tax rate (24%) tops Saint Vincent and the Grenadines's (0%) by 24pp. The 175-country average is 10.3%: Saint Vincent and the Grenadines sits below it, United Kingdom sits above it. Saint Vincent and the Grenadines'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 |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Laws of Saint Vincent and the Grenadines — Income Tax Act, Cap. 435, Section 33 (Assessable income: general) · 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 |
Between the two, United Kingdom's crypto tax rate (24%) tops Saint Vincent and the Grenadines's (0%) by 24pp. The 88-country average is 13%: Saint Vincent and the Grenadines sits below it, United Kingdom sits above it. Saint Vincent and the Grenadines'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 |
|---|---|---|
| Saint Vincent and the Grenadines | 0% | Source: Saint Vincent and the Grenadines Inland Revenue Department — Taxes · 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 |
There's no gap here — Saint Vincent and the Grenadines and United Kingdom both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Saint Vincent and the Grenadines's figure is dated 2026-07-18 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.