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Economy > Tax > Taxes on income Stats: compare key data on New Zealand & United Kingdom

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Definitions

  • Profits and capital gains > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.
  • Profits and capital gains > Current LCU: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of revenue: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
  • Profits and capital gains including income tax > % of total taxes: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation."
STAT New Zealand United Kingdom HISTORY
Profits and capital gains > % of revenue 54.93%
Ranked 3rd. 47% more than United Kingdom
37.37%
Ranked 8th.

Profits and capital gains > % of total taxes 65.55%
Ranked 4th. 29% more than United Kingdom
50.64%
Ranked 11th.

Profits and capital gains > Current LCU 37.32 billion
Ranked 53th.
207.43 billion
Ranked 24th. 6 times more than New Zealand

Profits and capital gains including income tax > % of revenue 56.67%
Ranked 4th. 53% more than United Kingdom
37.07%
Ranked 15th.

Profits and capital gains including income tax > % of total taxes 66.4%
Ranked 7th. 32% more than United Kingdom
50.32%
Ranked 16th.

SOURCES: World Development Indicators database; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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