United Kingdom

Paying Taxes in

United Kingdom

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 1 35 21-29.75% taxable profit 23.1
Labor tax 1 online filing 45 12.8% (floor of GBP 110 per week) gross salaries 11
Fuel Tax 1 included in fuel price 1.6
Municipal business tax 1 various property value 1.3
Tax on insurance contracts 1 5% insurance premium 0.1
Environmental tax 1 GPB 48 per ton weight of active waste 0.1
Vehicle tax 1 various depending on weight and size of vehicle 0.1
Value added tax 1 online filing 30 17.5% value added not included
Totals: 8 110 37.3
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