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Economy > Tax > Components of taxation Stats: compare key data on South Korea & United Kingdom

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Definitions

STAT South Korea United Kingdom
Corporate income tax u12.8%
Ranked 5th. 58% more than United Kingdom
u8.1%
Ranked 16th.
Goods and service tax 38.8%
Ranked 6th. 19% more than United Kingdom
32.7%
Ranked 13th.
Personal income tax 12.8%
Ranked 28th.
29.8%
Ranked 11th. 2 times more than South Korea
Social security > Contribution by employer 7.7%
Ranked 24th.
9.6%
Ranked 19th. 25% more than South Korea
Social security > Employees contribution 11.1%
Ranked 12th. 63% more than United Kingdom
6.8%
Ranked 19th.

SOURCES: OECD Revenue Statistics

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