United Kingdom
GBR·Europe
Official Tax Sources
Unique / Country-Specific Tax
Annual Investment Allowance; Bank Surcharge; SDLT
Source: gov.ukNotes
HMRC
Regional Tax Variations (19)
England
SDLT on property; no separate English income tax rate
UK standard rates; SDLT; no devolved income tax
HMRC administers; no English Parliament for tax
Scotland
Starter 19%; Basic 20%; Intermediate 21%; Higher 42%; Top 47%
Scottish Income Tax (19-47%); LBTT; SLfT
Revenue Scotland collects LBTT & SLfT
Wales
LTT (Land Transaction Tax) replaces SDLT; WRIT currently mirrors UK
Welsh Rates of Income Tax (WRIT); LTT; Landfill Disposals Tax
Senedd has tax-varying powers
Northern Ireland
Possible reduced CIT if devolution enacted
UK income tax rates; NI-specific welfare; devolved CIT discussed
Stormont has theoretical CIT power
Isle of Man (Crown Dependency)
No CGT; no inheritance tax; PIT 10/20%; 0% CIT for most
0% CIT; 0% CGT; 0% IHT; 20% VAT (own admin)
Isle of Man Treasury; fintech and e-gaming hub
Jersey (Crown Dependency)
GST 5%; 0% CIT standard; no CGT
0% standard CIT; 10% for financial; 20% for utilities
Revenue Jersey; own fiscal autonomy
Guernsey (Crown Dependency)
0% CIT standard; no CGT; no IHT
0% standard CIT; 10% for banks; 20% for utilities
Revenue Service Guernsey
Alderney (Bailiwick of Guernsey)
Same as Guernsey; online gambling licensed
Guernsey tax rules apply; low population
Part of Bailiwick of Guernsey
Gibraltar (Overseas Territory)
10% CIT for all; no VAT; import duty regime
10% CIT; 0% CGT; 0% VAT; Import Duty
Own Income Tax Act; separated from UK tax system
Cayman Islands (Overseas Territory)
No income tax; no CIT; no CGT; no payroll tax
0% all direct taxes; 0% VAT
Stamp duty on real estate only; global financial centre
British Virgin Islands (OT)
No income taxes; payroll tax only
0% CIT; 0% PIT; Payroll tax 8% employer/4% employee
Major offshore company registration centre
Bermuda (OT)
New CIT from 2025 under OECD Pillar Two; Payroll Tax ~9%
0% direct taxes; Payroll Tax ~9%; new CIT 15% (Pillar Two 2025)
Insurance and reinsurance capital of the world
Turks & Caicos Islands (OT)
No income/corp taxes; stamp duty on land
0% direct taxes; customs duties only
Offshore finance; tourism
Anguilla (OT)
No income tax; no CIT; customs duties
0% direct taxes; customs 15-20%
Offshore financial services
Montserrat (OT)
Similar to Caribbean neighbours
Income tax 20-30%; CIT 30%
Volcano severely limits economy
St Helena, Ascension & Tristan da Cunha (OT)
Income Tax Ordinance; max 25%
Income tax; no VAT
Remote territory; limited commerce
Falkland Islands (OT)
Own tax ordinance; fishing and oil revenues
26% CIT; 21% PIT max; no VAT
Falkland Islands Government Revenue
Pitcairn Islands (OT)
No tax system due to population size
No taxes (tiny population ~50)
World's least populous territory
Christmas Island / Cocos (Keeling) – Australian admin
Australian tax law applies fully
Australian law applies
Administered by Australia not UK
| State / Province | Type of Variation | Key Local Tax | Notes |
|---|---|---|---|
| England | UK standard rates; SDLT; no devolved income tax | SDLT on property; no separate English income tax rate | HMRC administers; no English Parliament for tax |
| Scotland | Scottish Income Tax (19-47%); LBTT; SLfT | Starter 19%; Basic 20%; Intermediate 21%; Higher 42%; Top 47% | Revenue Scotland collects LBTT & SLfT |
| Wales | Welsh Rates of Income Tax (WRIT); LTT; Landfill Disposals Tax | LTT (Land Transaction Tax) replaces SDLT; WRIT currently mirrors UK | Senedd has tax-varying powers |
| Northern Ireland | UK income tax rates; NI-specific welfare; devolved CIT discussed | Possible reduced CIT if devolution enacted | Stormont has theoretical CIT power |
| Isle of Man (Crown Dependency) | 0% CIT; 0% CGT; 0% IHT; 20% VAT (own admin) | No CGT; no inheritance tax; PIT 10/20%; 0% CIT for most | Isle of Man Treasury; fintech and e-gaming hub |
| Jersey (Crown Dependency) | 0% standard CIT; 10% for financial; 20% for utilities | GST 5%; 0% CIT standard; no CGT | Revenue Jersey; own fiscal autonomy |
| Guernsey (Crown Dependency) | 0% standard CIT; 10% for banks; 20% for utilities | 0% CIT standard; no CGT; no IHT | Revenue Service Guernsey |
| Alderney (Bailiwick of Guernsey) | Guernsey tax rules apply; low population | Same as Guernsey; online gambling licensed | Part of Bailiwick of Guernsey |
| Gibraltar (Overseas Territory) | 10% CIT; 0% CGT; 0% VAT; Import Duty | 10% CIT for all; no VAT; import duty regime | Own Income Tax Act; separated from UK tax system |
| Cayman Islands (Overseas Territory) | 0% all direct taxes; 0% VAT | No income tax; no CIT; no CGT; no payroll tax | Stamp duty on real estate only; global financial centre |
| British Virgin Islands (OT) | 0% CIT; 0% PIT; Payroll tax 8% employer/4% employee | No income taxes; payroll tax only | Major offshore company registration centre |
| Bermuda (OT) | 0% direct taxes; Payroll Tax ~9%; new CIT 15% (Pillar Two 2025) | New CIT from 2025 under OECD Pillar Two; Payroll Tax ~9% | Insurance and reinsurance capital of the world |
| Turks & Caicos Islands (OT) | 0% direct taxes; customs duties only | No income/corp taxes; stamp duty on land | Offshore finance; tourism |
| Anguilla (OT) | 0% direct taxes; customs 15-20% | No income tax; no CIT; customs duties | Offshore financial services |
| Montserrat (OT) | Income tax 20-30%; CIT 30% | Similar to Caribbean neighbours | Volcano severely limits economy |
| St Helena, Ascension & Tristan da Cunha (OT) | Income tax; no VAT | Income Tax Ordinance; max 25% | Remote territory; limited commerce |
| Falkland Islands (OT) | 26% CIT; 21% PIT max; no VAT | Own tax ordinance; fishing and oil revenues | Falkland Islands Government Revenue |
| Pitcairn Islands (OT) | No taxes (tiny population ~50) | No tax system due to population size | World's least populous territory |
| Christmas Island / Cocos (Keeling) – Australian admin | Australian law applies | Australian tax law applies fully | Administered by Australia not UK |