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United Kingdom vs Philippines Tax Comparison
Side-by-side comparison of tax rates and systems
Tax Rate Comparison
Rate Comparison
Top Income Tax
United Kingdom45%
Philippines35%Lower
Corporate Tax
United Kingdom25%
Philippines25%
Capital Gains
United Kingdom20%
Philippines15%Lower
VAT / Sales Tax
United Kingdom20%
Philippines12%Lower
| Category | United Kingdom | Philippines |
|---|---|---|
| Tax System | Progressive | Progressive |
| Top Income Tax | 45% | 35% |
| Corporate Tax | 25% | 25% |
| Capital Gains | 20% | 15% |
| VAT / Sales Tax | 20% | 12% |
| Crypto Tax | Yes | No |
| Wealth Tax | No | No |
| Tax Treaties | 130 | 43 |
| Currency | GBP | PHP |
The bottom line: United Kingdom vs Philippines
Philippines has the lower headline rate on 3 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 Philippines uses a progressive one. On crypto, Philippines is the more favourable — it does not tax cryptocurrency gains. United Kingdom has the wider tax-treaty network (130 agreements), which can reduce withholding tax on cross-border income.
- Income tax: Philippines is lower (45% vs 35%)
- Corporate tax: identical in both (25%)
- Capital gains tax: Philippines is lower (20% vs 15%)
- VAT / sales tax: Philippines is lower (20% vs 12%)