Effective tax rates for income based tax incentives - Corporate tax in United Kingdom
United Kingdom: Effective tax rates for income based tax incentives - Corporate tax was 20.95 Percentage of taxable income in 2012. ▼ Falling
Effective tax rates for income based tax incentives - Corporate tax in United Kingdom, 2000–2012
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
The most recent figure for effective tax rates for income based tax incentives - corporate tax in United Kingdom is 20.95 Percentage of taxable income, measured in 2012. That is the lowest value across all 13 years on record.
That represents a change of down 7.7% on the previous year and down 20.0% over ten years.
Over the whole period, effective tax rates for income based tax incentives - corporate tax in United Kingdom peaked at 26.18 Percentage of taxable income in 2000 and was at its lowest, 20.95 Percentage of taxable income, in 2012.
United Kingdom ranks 22nd of 41 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Effective tax rates for income based tax incentives - Corporate tax in United Kingdom, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 26.18 Percentage of taxable income | — |
| 2001 | 26.18 Percentage of taxable income | +0.0% |
| 2002 | 26.18 Percentage of taxable income | +0.0% |
| 2003 | 26.18 Percentage of taxable income | +0.0% |
| 2004 | 26.18 Percentage of taxable income | +0.0% |
| 2005 | 26.18 Percentage of taxable income | +0.0% |
| 2006 | 26.18 Percentage of taxable income | +0.0% |
| 2007 | 26.18 Percentage of taxable income | +0.0% |
| 2008 | 24.44 Percentage of taxable income | -6.6% |
| 2009 | 24.44 Percentage of taxable income | +0.0% |
| 2010 | 24.44 Percentage of taxable income | +0.0% |
| 2011 | 22.69 Percentage of taxable income | -7.2% |
| 2012 | 20.95 Percentage of taxable income | -7.7% |
United Kingdom compared with similar countries
- United Kingdom's 20.95 Percentage of taxable income is above the median for high income countries, which is 19.2 Percentage of taxable income, 1.1× the median. (33 countries reporting)
- United Kingdom's 20.95 Percentage of taxable income is above the median for Europe & Central Asia, which is 17.98 Percentage of taxable income, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.83 Percentage of taxable income | 24.44 Percentage of taxable income | 26.18 Percentage of taxable income | 10 |
| 2010s | 22.69 Percentage of taxable income | 20.95 Percentage of taxable income | 24.44 Percentage of taxable income | 3 |
Countries ranked near United Kingdom
- 19 Chile 23.57 Percentage of taxable income compare
- 19 South Africa 23.57 Percentage of taxable income compare
- 21 Greece 21.82 Percentage of taxable income compare
- 23 Austria 20.07 Percentage of taxable income compare
- 24 Denmark 19.2 Percentage of taxable income compare
- 24 Norway 19.2 Percentage of taxable income compare
- 24 Slovenia 19.2 Percentage of taxable income compare
- 24 Indonesia 19.2 Percentage of taxable income compare
More economy & growth data for United Kingdom
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates for income based tax incentives - corporate tax in United Kingdom?
- Effective tax rates for income based tax incentives - corporate tax in United Kingdom was 20.95 Percentage of taxable income in 2012, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates for income based tax incentives - corporate tax recorded in United Kingdom?
- The highest recorded value was 26.18 Percentage of taxable income in 2000.
- What is the lowest effective tax rates for income based tax incentives - corporate tax recorded in United Kingdom?
- The lowest recorded value was 20.95 Percentage of taxable income in 2012.
- How does United Kingdom rank for effective tax rates for income based tax incentives - corporate tax?
- United Kingdom ranks 22nd out of 41 countries with data for 2012.
- Is effective tax rates for income based tax incentives - corporate tax rising or falling in United Kingdom?
- Over the last ten years it is down 20.0%. 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 Effective tax rates for income based tax incentives - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators that capture the effect of income-based R&D tax incentives on firms’ investment costs: The EATR for R&D measures the impact of taxation on R&D investments that earn an economic profit. the user cost of capital for R&D measures the return that a firm needs to realise on an R&D investment before tax to offset all costs and taxes that arise from the investment, making zero economic profit. Further methodological information is available in the explanatory annex.