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 24.39 percent from 1981 until 2023, reaching an all time high of 31.55 percent in 2022 and a record low of 9.00 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 June of 2023.

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United Kingdom Social Security Rate



Related Last Previous Unit Reference
Corporate Tax Rate 19.00 19.00 percent Dec 2023
Personal Income Tax Rate 45.00 45.00 percent Dec 2023
Sales Tax Rate 20.00 20.00 percent Dec 2023
Social Security Rate 31.55 31.55 percent Dec 2023
Social Security Rate For Companies 15.05 15.05 percent Dec 2023
Social Security Rate For Employees 16.50 16.50 percent Dec 2023

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 31.55 31.55 9.00 1981 - 2023 percent Yearly