ES · Europe ↔ GB · Europe

Spain vs United Kingdom: tax rates compared

Spain has an income tax rate of 48.6%, 3.6pp above United Kingdom's 45%. The 37-country average is 43.2%: both sit 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%ES 48.6%GB 45%
Income Tax, side by side
CountryRateSource
Spain48.6%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+3.6 ppSpain higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%ES 25%GB 25%
Corporate Tax, side by side
CountryRateSource
Spain25%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
Difference0 ppdisplayed rates match

Spain and United Kingdom share the same corporate tax rate: 25%. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.2%ES 21%GB 20%
VAT, side by side
CountryRateSource
Spain21%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+1 ppSpain higher

Spain has a VAT rate of 21%, 1pp above United Kingdom's 20%. The 37-country average is 19.2%: both sit above it.

Wealth Tax

0102030405060World avg 0.1%ES 3.5%GB 0%
Wealth Tax, side by side
CountryRateSource
Spain3.5%Source: PWC Worldwide Tax Summaries — Spain (Individual, Other taxes) · as of 2025-12-31
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference+3.5 ppSpain higher

Spain has a wealth tax rate of 3.5%, 3.5pp above United Kingdom's 0%. The 193-country average is 0.1%: Spain sits above it, United Kingdom sits below it.

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