The Corporate Tax Rate in the United Kingdom stands at 19 percent.

Corporate Tax Rate in the United Kingdom averaged 30.98 percent from 1981 until 2020, reaching an all time high of 52 percent in 1982 and a record low of 19 percent in 2017. This page provides - United Kingdom Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Corporate Tax Rate - values, historical data and charts - was last updated on May of 2020. source: HM Revenue & Customs

Corporate Tax Rate in the United Kingdom is expected to reach 19.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Corporate Tax Rate is projected to trend around 19.00 percent in 2021 and 18.00 percent in 2022, according to our econometric models.

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United Kingdom Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
19.00 19.00 52.00 19.00 1981 - 2020 percent Yearly

United Kingdom Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 19.00 19.00 52.00 19.00 percent [+]
Personal Income Tax Rate 45.00 45.00 50.00 40.00 percent [+]
Sales Tax Rate 20.00 20.00 20.00 8.00 percent [+]
Social Security Rate 25.80 25.80 25.80 9.00 percent [+]
Social Security Rate For Companies 13.80 13.80 13.80 10.20 percent [+]
Social Security Rate For Employees 12.00 12.00 12.00 7.75 percent [+]


United Kingdom Corporate Tax Rate
In the United Kingdom, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of the United Kingdom.