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United Kingdom vs Colombia
Tax Rate Comparison

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

πŸ‡¬πŸ‡§ United Kingdom
vs
πŸ‡¨πŸ‡΄ Colombia
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–45%
Thresholds remain frozen; fiscal drag continuing
No change
0–39%
Reform proposals; Petro administration final year
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0–20%
Standard 20% maintained
No change
0–19%
19% standard; no major change
No change
Corporate Tax Rate
Corporate Tax Rate
19–25%
25% main rate; possible future reform discussions
No change
35%
35% stable; competitiveness concerns vs. regional peers
No change
Capital Gains Tax
Capital Gains Tax
18–24%
Post-Oct 2024 rates in full effect
No change
15%
15% flat; potential reform for real estate gains
No change
Social Security & Payroll
Social Security / Payroll
~28.3%
15% employer NI; lower secondary threshold remains
No change
~30%
Pension reform fully phasing in; new contribution structure
No change
State, Regional & Local Taxes

πŸ‡¬πŸ‡§ United Kingdom β€” 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 Β£1,200–£4,000+/year). Business rates are set nationally but collected locally. SDLT applies to property purchases (LBTT in Scotland, LTT in Wales).

πŸ‡¨πŸ‡΄ Colombia β€” Departmental & Municipal Taxes

Colombia's 32 departments and 1,102 municipalities levy Industria y Comercio (ICA) β€” a gross receipts tax on business activity at 0.2%–1.4% of revenues. Municipalities set property tax (predial) rates within national ranges. The SIMPLE tax regime integrates various taxes for small businesses. BogotΓ‘ and MedellΓ­n have higher ICA rates than smaller cities. Departments levy taxes on alcohol, tobacco, and vehicle registration.

⚠️ 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.

United Kingdom vs Colombia: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡¬πŸ‡§ United Kingdom has a higher top income tax rate (0–45% vs 0–39%). πŸ‡¨πŸ‡΄ Colombia is more favourable for high earners.

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

🏒 Corporate Tax: πŸ‡¬πŸ‡§ United Kingdom offers a lower corporate rate (25% vs 35%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡¨πŸ‡΄ Colombia taxes investment gains at a lower rate (15% vs 24%), benefiting investors.

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