WorldTax CompareAll Comparisons

Chile vs United Kingdom
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇨🇱 Chile
vs
🇬🇧 United Kingdom
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
0–40%
Rates stable; Boric administration reforms settling
No change
0–45%
Thresholds remain frozen; fiscal drag continuing
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
19%
19% flat; no change
No change
0–20%
Standard 20% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
27%
Large corp 27% stable; Pillar Two for MNCs
No change
19–25%
25% main rate; possible future reform discussions
No change

Capital Gains Tax

Capital Gains Tax
0–22%
No major reform expected
No change
18–24%
Post-Oct 2024 rates in full effect
No change

Social Security & Payroll

Social Security / Payroll
~35%
Pension reform adding 6% employer contribution gradually
No change
~28.3%
15% employer NI; lower secondary threshold remains
No change
State, Regional & Local Taxes

🇨🇱 Chile — Municipal & Regional Taxes

Chile's 16 regions and 346 municipalities do not levy separate income taxes. Municipalities charge patente municipal (business licence fee) based on capital, typically 0.25%–0.5% of net equity/year, capped at ~$8,000 USD. Property tax (contribuciones de bienes raíces) is national in structure but rates vary 0.075%–1.2% by property type. The SII (tax authority) is national. The Royalty Minero (mining royalty) is a significant revenue source in copper-producing regions.

🇬🇧 United Kingdom — Devolved, Council & Business Rates

Scotland sets its own income tax bands (six bands; top rate 48%). Wales has limited income tax-varying powers. Northern Ireland follows UK rates. All residents pay Council Tax to local authorities (typically £1,200–£4,000+/year). Business rates are set nationally but collected locally. SDLT applies to property purchases (LBTT in Scotland, LTT in Wales).

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Chile vs United Kingdom: Key Tax Differences (2026)

💰 Income Tax: 🇬🇧 United Kingdom has a higher top income tax rate (0–40% vs 0–45%). 🇨🇱 Chile is more favourable for high earners.

🛒 VAT/Sales Tax: United Kingdom has a higher consumption tax (19% vs 0–20%).

🏢 Corporate Tax: 🇬🇧 United Kingdom offers a lower corporate rate (25% vs 27%), which can influence business location decisions.

📈 Capital Gains: 🇨🇱 Chile taxes investment gains at a lower rate (22% vs 24%), benefiting investors.

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