The Social Security Rate in the United Kingdom stands at 31.55 percent. source: HM Revenue & Customs

Social Security Rate in the United Kingdom averaged 24.10 percent from 1981 until 2022, reaching an all time high of 31.55 percent in 2022 and a record low of 9 percent in 1990. This page provides - United Kingdom Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Social Security Rate - values, historical data and charts - was last updated on November of 2022.

Social Security Rate in the United Kingdom is expected to reach 29.05 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Social Security Rate is projected to trend around 29.05 percent in 2023, according to our econometric models.

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United Kingdom Social Security Rate



Related Last Previous Unit Reference
Personal Income Tax Rate 45.00 45.00 percent Dec 2022
Corporate Tax Rate 19.00 19.00 percent Dec 2022
Sales Tax Rate 20.00 20.00 percent Dec 2022
Social Security Rate 31.55 27.80 percent Dec 2022
Social Security Rate For Companies 15.05 13.80 percent Dec 2022
Social Security Rate For Employees 16.50 14.00 percent Dec 2022

United Kingdom Social Security Rate
In the United Kingdom, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of the United Kingdom because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
31.55 27.80 31.55 9.00 1981 - 2022 percent Yearly