ES · EuropeGB · 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 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

0102030405060Income45%48.6%Corporate25%VAT20%21%Capital Gains24%30%Crypto24%30%Wealth Tax0%3.5%
six shared taxes, side by side
Tax ES GBDifference
Income Tax48.6%45%ES +3.6 pp
Corporate Tax25%25%match
VAT21%20%ES +1 pp
Capital Gains Tax30%24%ES +6 pplargest gap
Crypto Tax30%24%ES +6 pp
Wealth Tax3.5%0%ES +3.5 pp

Income Tax

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 higher

Corporate Tax

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

VAT, side by side
CountryRateSource
Spain21%Source: PWC Worldwide Tax Summaries — Spain (Corporate, Other taxes) · as of 2025-12-31
United Kingdom20%Source: PWC Worldwide Tax Summaries — United Kingdom (Corporate, Other taxes) · as of 2025-12-24
Difference+1 ppSpain higher

Spain has a VAT rate of 21%, 1pp above United Kingdom's 20%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Spain30%Source: PwC Worldwide Tax Summaries — Spain, Individual - Income determination · as of 2025-12-31
United Kingdom24%Source: GOV.UK (HMRC) — Capital Gains Tax: rates · as of 2024-10-30
Difference+6 ppSpain higher

Spain has a capital gains tax rate of 30%, 6pp above United Kingdom's 24%. The 175-country average is 10.3%: both sit above it. Spain's figure is dated 2025-12-31 and United Kingdom's 2024-10-30, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Spain30%Source: Agencia Tributaria — Manual Práctico Renta 2025, Compra y venta de monedas virtuales: tributación en el IRPF del inversor · as of 2025-01-01
United Kingdom24%Source: GOV.UK (HMRC) — Check if you need to pay tax when you sell cryptoassets · as of 2025-05-29
Difference+6 ppSpain higher

Spain has a crypto tax rate of 30%, 6pp above United Kingdom's 24%. The 88-country average is 13%: both sit above it.

Wealth Tax

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.