Sales Tax Rate in the United Kingdom remained unchanged at 20 percent in 2021 from 20 percent in 2020. source: HM Revenue & Customs

Sales Tax Rate in the United Kingdom averaged 16.91 percent from 1977 until 2021, reaching an all time high of 20 percent in 2011 and a record low of 8 percent in 1978. This page provides - United Kingdom Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Sales Tax Rate - VAT - values, historical data and charts - was last updated on December of 2021.

Sales Tax Rate in the United Kingdom is expected to reach 20.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Sales Tax Rate - VAT is projected to trend around 20.00 percent in 2022, according to our econometric models.

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United Kingdom Sales Tax Rate - VAT


Related Last Previous Unit Reference
Corporate Tax Rate 19.00 19.00 percent Dec/21
Personal Income Tax Rate 45.00 45.00 percent Dec/21
Sales Tax Rate 20.00 20.00 percent Dec/21
Social Security Rate 27.80 27.80 percent Dec/21
Social Security Rate For Companies 13.80 13.80 percent Dec/21
Social Security Rate For Employees 14.00 14.00 percent Dec/21
United Kingdom Sales Tax Rate - VAT
In the United Kingdom, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of the United Kingdom.