The Withholding Tax Rate in the United Kingdom stands at 20 percent. Withholding Tax Rate in the United Kingdom averaged 20.00 percent from 2022 until 2025, reaching an all time high of 20.00 percent in 2023 and a record low of 20.00 percent in 2023. source: HM Revenue & Customs



Related Last Previous Unit Reference
Corporate Tax Rate 25.00 25.00 percent Dec 2026
Personal Income Tax Rate 45.00 45.00 percent Dec 2026
Sales Tax Rate 20.00 20.00 percent Dec 2025
Social Security Rate 23.80 27.80 percent Dec 2025
Social Security Rate For Companies 13.80 13.80 percent Dec 2025
Social Security Rate For Employees 10.00 14.00 percent Dec 2025
Withholding Tax Rate 20.00 20.00 percent Dec 2025


United Kingdom Withholding Tax Rate
In the United Kingdom, the withholding tax rate is a tax collected from companies. It applies to businesses when they make payments to other business entities or individuals, e.g., in the form of dividends, interest, and royalties. The benchmark we use refers to the standard withholding tax rate on interest for non-residents. Revenues from the withholding tax rate are an important source of income for the government of the United Kingdom.
Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 20.00 20.00 2022 - 2025 percent Yearly
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