Corporate income tax (CIT) … rates Combined corporate income tax rate in United Kingdom
United Kingdom: Corporate income tax (CIT) … rates Combined corporate income tax rate was 25 Percentage of taxable income in 2026. ▼ Falling
Latest (2026)
25 Percentage of taxable income
Change on year
unchanged
World rank
44th
of 128 countries
All-time high
30 Percentage of taxable income
in 2000
All-time low
19 Percentage of taxable income
in 2017
Years of data
27
2000–2026
Corporate income tax (CIT) - statutory and targeted small business in United Kingdom, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for corporate income tax (cit) - statutory and targeted small business in United Kingdom is 25 Percentage of taxable income, measured in 2026.
Compared with earlier readings it is up 25.0% over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in United Kingdom peaked at 30 Percentage of taxable income in 2000 and was at its lowest, 19 Percentage of taxable income, in 2017.
That places United Kingdom 44th out of 128 countries with data for 2026, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Corporate income tax (CIT) … rates Combined corporate income tax rate in United Kingdom, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 30 Percentage of taxable income | — |
| 2001 | 30 Percentage of taxable income | +0.0% |
| 2002 | 30 Percentage of taxable income | +0.0% |
| 2003 | 30 Percentage of taxable income | +0.0% |
| 2004 | 30 Percentage of taxable income | +0.0% |
| 2005 | 30 Percentage of taxable income | +0.0% |
| 2006 | 30 Percentage of taxable income | +0.0% |
| 2007 | 30 Percentage of taxable income | +0.0% |
| 2008 | 28 Percentage of taxable income | -6.7% |
| 2009 | 28 Percentage of taxable income | +0.0% |
| 2010 | 28 Percentage of taxable income | +0.0% |
| 2011 | 26 Percentage of taxable income | -7.1% |
| 2012 | 24 Percentage of taxable income | -7.7% |
| 2013 | 23 Percentage of taxable income | -4.2% |
| 2014 | 21 Percentage of taxable income | -8.7% |
| 2015 | 20 Percentage of taxable income | -4.8% |
| 2016 | 20 Percentage of taxable income | +0.0% |
| 2017 | 19 Percentage of taxable income | -5.0% |
| 2018 | 19 Percentage of taxable income | +0.0% |
| 2019 | 19 Percentage of taxable income | +0.0% |
| 2020 | 19 Percentage of taxable income | +0.0% |
| 2021 | 19 Percentage of taxable income | +0.0% |
| 2022 | 19 Percentage of taxable income | +0.0% |
| 2023 | 25 Percentage of taxable income | +31.6% |
| 2024 | 25 Percentage of taxable income | +0.0% |
| 2025 | 25 Percentage of taxable income | +0.0% |
| 2026 | 25 Percentage of taxable income | +0.0% |
United Kingdom compared with similar countries
- United Kingdom's 25 Percentage of taxable income is above the median for high income countries, which is 21.5 Percentage of taxable income, 1.2× the median. (60 countries reporting)
- United Kingdom's 25 Percentage of taxable income is above the median for Europe & Central Asia, which is 19.74 Percentage of taxable income, 1.3× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.6 Percentage of taxable income | 28 Percentage of taxable income | 30 Percentage of taxable income | 10 |
| 2010s | 21.9 Percentage of taxable income | 19 Percentage of taxable income | 28 Percentage of taxable income | 10 |
| 2020s | 22.43 Percentage of taxable income | 19 Percentage of taxable income | 25 Percentage of taxable income | 7 |
Countries ranked near United Kingdom
- 41 Canada 26 Percentage of taxable income compare
- 42 United States 25.53 Percentage of taxable income compare
- 43 India 25.17 Percentage of taxable income compare
- 44 Spain 25 Percentage of taxable income compare
- 44 Angola 25 Percentage of taxable income compare
- 44 Antigua and Barbuda 25 Percentage of taxable income compare
- 44 Dominica 25 Percentage of taxable income compare
- 44 Honduras 25 Percentage of taxable income compare
- 44 Mongolia 25 Percentage of taxable income compare
- 44 Panama 25 Percentage of taxable income compare
- 44 Philippines 25 Percentage of taxable income compare
- 44 Seychelles 25 Percentage of taxable income compare
- 44 Sierra Leone 25 Percentage of taxable income compare
- 44 Uruguay 25 Percentage of taxable income compare
- 44 Belgium 25 Percentage of taxable income compare
- 44 China 25 Percentage of taxable income compare
- 44 Côte d’Ivoire 25 Percentage of taxable income compare
- 44 Djibouti 25 Percentage of taxable income compare
- 44 Jamaica 25 Percentage of taxable income compare
- 44 Liberia 25 Percentage of taxable income compare
- 44 Monaco 25 Percentage of taxable income compare
- 44 Guatemala 25 Percentage of taxable income compare
- 44 Saint Kitts and Nevis 25 Percentage of taxable income compare
More economy & growth data for United Kingdom
- Real gdp growth, annual growth rate 21.6 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 1.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 571.28 units per person (2025)
- SDRs holdings, SDR, annual growth rate -3.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 417.14 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.15 % change on previous year (2025)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in United Kingdom?
- Corporate income tax (cit) - statutory and targeted small business in United Kingdom was 25 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in United Kingdom?
- The highest recorded value was 30 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in United Kingdom?
- The lowest recorded value was 19 Percentage of taxable income in 2017.
- How does United Kingdom rank for corporate income tax (cit) - statutory and targeted small business?
- United Kingdom ranks 44th out of 128 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in United Kingdom?
- Over the last ten years it is up 25.0%. The long-run trend across the full record is falling.
- Where does this United Kingdom data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.