The Personal Income Tax Rate in the United Kingdom stands at 45 percent.

Personal Income Tax Rate in the United Kingdom averaged 42.26 percent from 1990 until 2020, reaching an all time high of 50 percent in 2010 and a record low of 40 percent in 1991. This page provides - United Kingdom Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Personal Income Tax Rate - values, historical data and charts - was last updated on May of 2020. source: HM Revenue & Customs

Personal Income Tax Rate in the United Kingdom is expected to reach 45.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Personal Income Tax Rate is projected to trend around 45.00 percent in 2021, according to our econometric models.

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United Kingdom Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
45.00 45.00 50.00 40.00 1990 - 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 Personal Income Tax Rate
In the United Kingdom, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Higher Rate, and the Additional Rate when applicable.