#

Ease of Doing Business in

United Kingdom

United Kingdom Download Profile (1759.2KB, pdf)
Region OECD high income
Income Category High income
Population 65,138,232
GNI Per Capita (US$) 43,340
City covered London

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 7 6 down
1
82.74 82.73 down
0.01
Starting a Business 16 13 down
3
94.58 94.57 up
0.01
Dealing with Construction Permits 17 16 down
1
80.34 80.29 up
0.05
Getting Electricity 17 15 down
2
89.12 89.12
-
Registering Property 47 46 down
1
74.11 74.50 down
0.39
Getting Credit 20 19 down
1
75.00 75.00
-
Protecting Minority Investors 6 5 down
1
78.33 78.33
-
Paying Taxes 10 11 up
1
90.74 90.37 up
0.37
Trading across Borders 28 28
-
93.76 93.76
-
Enforcing Contracts 31 30 down
1
69.36 69.36
-
Resolving Insolvency 13 13
-
82.04 82.04
-

DB 2017 Rank:

10

DB 2016 Rank:

11

Change in Rank:

up1

DB 2017 DTF (% points):

90.74

DB 2016 DTF (% points):

90.37

Change in DTF (% points):

up0.37

Indicator United Kingdom OECD high income
Payments (number per year) info_outline 8 10.9
Time (hours per year) info_outline 110 163.4
Total tax rate (% of profit) info_outline 30.9 40.9
Postfiling index (0-100) info_outline 87.4 85.1
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Corporate income tax 1 online 37 20% - 21% taxable profit 18.33
Labor tax 1 online 48 13.8% (floor of GBP 153 per week) gross salaries 10.95
Municipal business tax 1 various property value 1.30
Environmental tax 1 GBP 78 per tonne weight of active waste 0.14
Tax on insurance contracts 1 6% insurance premium 0.13
Vehicle tax 1 various depending on weight and size of vehicle 0.09
Sales tax 1 online 25 20% value added 0.00 not included
Fuel Tax 1 included in fuel price 0.00
Labor tax paid by the employees 0 various rates gross salaries 0.00
Totals: 8 110 30.9
  • Taxes by type Answer
    Profit tax (% of profit) 18.3
    Labor tax and contributions (% of profit) 10.9
    Other taxes (% of profit) 1.6
    Answer Score
    Postfiling index (0-100) 87.4
    VAT refunds 97.0
    Does VAT/GST exist? Yes
    Frequency of VAT/GST refund submission quarterly
    Does a VAT/GST refund process exist per the case study? Yes
    Restrictions on VAT refund process None
    Likelihood of VAT audit Likely
    Time to comply with VAT refund (hours) 1.5 97.0
    Time to obtain a VAT refund (weeks) 9.5 87.8
    Corporate income tax audits 90.8
    Does corporate income tax exist? Yes
    Likelihood of corporate income tax audit Likely
    Time to comply with a corporate income tax audit (hours) 6.5 90.8
    Time to complete a corporate income tax audit (weeks) 8.3 74.1
    Administrative appeal process
    First level administrative appeal authority HMRC
    Is the appeal authority independent? Independent department within tax office
    Are appeal guidelines accessible to the public? Yes
    Source of appeal guidelines online/in printed publication
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? No
    Legal time limit

Notes:

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

The hours for VAT include all the VAT and sales taxes applicable.

The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.