United Kingdom vs Austria Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
45%Lower
55%
Corporate Tax
25%
23%Lower
Capital Gains
20%Lower
27.5%
VAT / Sales Tax
20%
20%
| Category | ||
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 45% | 55% |
| Corporate Tax | 25% | 23% |
| Capital Gains | 20% | 27.5% |
| VAT / Sales Tax | 20% | 20% |
| Crypto Tax | Yes | Yes |
| Wealth Tax | No | No |
| Tax Treaties | 130 | 90 |
| Currency | GBP | EUR |
The bottom line: United Kingdom vs Austria
United Kingdom has the lower headline rate on 2 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. United Kingdom runs a progressive tax system, while Austria uses a progressive one. United Kingdom has the wider tax-treaty network (130 agreements), which can reduce withholding tax on cross-border income.
- Income tax: United Kingdom is lower (45% vs 55%)
- Corporate tax: Austria is lower (25% vs 23%)
- Capital gains tax: United Kingdom is lower (20% vs 27.5%)
- VAT / sales tax: identical in both (20%)