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Bank Corporate Income Tax (Local Currency) in United Kingdom

Source: IMF
Last Updated: July 24, 2023

Bank corporate income tax reached GBP 5,396 mil in fourth quarter of 2020 in the United Kingdom, according to the National Central Bank. This is 18.4% more than in the previous quarter.

Historically, bank corporate income tax in the United Kingdom reached an all time high of GBP 5,396 mil in 4Q2020 and an all time low of GBP 1,663 mil in 4Q2016.

United Kingdom has been ranked 20th within the group of 57 countries we follow in terms of bank corporate income tax.

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