| United States | United Kingdom | Difference in United Kingdom | |
|---|---|---|---|
| Gross Income | 39,075.48 USD / 30,000.00 GBP | 30,000.00 GBP / 30,000.00 GBP | - 0.00 GBP |
| Tax Due | 5,366.10 USD / 4,119.80 GBP | 4,879.28 GBP / 4,879.28 GBP | + 759.48 GBP |
| Net Income | 33,709.38 USD / 25,880.20 GBP | 25,120.72 GBP / 25,120.72 GBP | - 759.48 GBP |
| Overall Tax Rate | 13.7 % | 16.3 % | + 2.60 %. |
Figures based upon 1 USD = 0.76774489 GBP.
Figures based upon 1 GBP = 1 GBP.
In United States, an income of 39,075.48 USD / 30,000.00 GBP is more than the lowest average advertised salary of 24,694.00 USD / 18,958.69 GBP and less than the country's average income of 60,000.00 USD / 46,064.69 GBP.
In United Kingdom, an income of 30,000.00 GBP / 30,000.00 GBP is more than the lowest average advertised salary of 12,757.00 GBP / 12,757.00 GBP and less than the country's average income of 33,000.00 GBP / 33,000.00 GBP.
Here are how much some common purchases cost in United States vs United Kingdom:
| United States | United Kingdom | Difference in United Kingdom | |
|---|---|---|---|
| Water Bottle (1.5L) | 1.75 USD / 1.34 GBP | 0.95 GBP / 0.95 GBP | - 0.39 GBP |
| Milk Bottle (1L) | 0.82 USD / 0.63 GBP | 0.90 GBP / 0.90 GBP | + 0.27 GBP |
| Pint of Beer | 4.00 USD / 3.07 GBP | 3.50 GBP / 3.50 GBP | + 0.43 GBP |
| Bread (500g) | 2.58 USD / 1.98 GBP | 0.98 GBP / 0.98 GBP | - 1.00 GBP |
| Chicken Breasts (1kg) | 8.48 USD / 6.51 GBP | 5.67 GBP / 5.67 GBP | - 0.84 GBP |
| Petrol UK Gallon | 3.27 USD / 2.51 GBP | 5.68 GBP / 5.68 GBP | + 3.17 GBP |
| Volkswagen Golf or Equivalent | 21,845.00 USD / 16,771.39 GBP | 18,000.00 GBP / 18,000.00 GBP | + 1,228.61 GBP |
| Broadband Internet Monthly | 62.44 USD / 47.94 GBP | 30.21 GBP / 30.21 GBP | - 17.73 GBP |
| Rent One Bedroom Apt. In City (Monthly) | 1,261.46 USD / 968.48 GBP | 722.24 GBP / 722.24 GBP | - 246.24 GBP |
| Purchase One Bedroom Apt. In City | 89,561.15 USD / 68,760.12 GBP | 139,346.55 GBP / 139,346.55 GBP | + 70,586.43 GBP |
Part of North America, United States covers an area of 9,144,930 square kilometers.
United States has a Gross Domestic Product (PPP) of 18,561.93 ($ Billion) from a population of 326,474,013.
A progressive tax system spread over 7 bands ranging from 10% to 37%.
2024 Tax bands are as follow:
Below 11600 USD - 10%
Between 11600 USD and 47150 USD - 12%.
Between 47150 USD and 100525 USD - 22%.
Between 100525 USD and 191950 USD - 24%.
Between 191950 USD and 243725 USD - 32%.
Between 243725 USD and 609350 USD - 35%.
Above 609350 USD - 37%.
The standard single person's deduction is 14,600 USD and the personal exemption is now 0 USD (2024). The Tax Cuts and Jobs Act of 2017 reduced personal exemptions to zero for tax years 2018 through 2025.
The PEP provision (personal exemption phaseout) tapers the personal exemption when income is over 261,500 USD. 2% reduction for every 2,500 USD over the limit.
FICA Taxes: Social security tax is 6.2% on up to 168,600 USD of gross income (2024).
Medicare hospital insurance tax is 1.45% of all gross income - increased to 2.35% on income over 200,000 USD (single person).
The average 401(k) contribution (workplace pension) rate is typically around 7% of an employee's salary. It is deducted from salary before calculating taxes.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
Part of Europe, United Kingdom covers an area of 241,917 square kilometers.
United Kingdom has a Gross Domestic Product (PPP) of 2,787.74 ($ Billion) from a population of 65,511,098.
A progressive tax system with 3 bands with tax rates from 20% to 45%.
Personal tax-free allowance provided of 12,570 GBP.
Personal allowance is reduced by 1 GBP for every 2 GBP over 100,000 GBP.
Tax bands are as follow:
Below 37700 GBP - 20%
Between 37700 GBP and 150000 GBP - 40%.
Above 125140 GBP - 45%.
Mandatory social security contributions (National Insurance) Class A bands are as follow:
Below 12584 GBP - 0%
Between 12584 GBP and 50284 GBP - 8%.
Above 50284 GBP - 2%.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
This calculator allows you to calculate income taxes and social contributions equivalent for United States and United Kingdom and allow comparison between both. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose GBP as your preferred currency, then the income entered will be converted to United States's and United Kingdom's native currencies for the calculation so that correct income equivalent is used. The results will then be shown in the native currencies and GBP.
We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.
We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.
Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.
It is quick and easy to use and you can get a detailed result at the click/tap of a button!
Compare tax using these examples:
We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!
Source: https://www.impots.gouv.fr/portail/international
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: http://www1.agenziaentrate.gov.it/english/revenue_agency/index_revenue.htm
Source: http://www.impotsdirects.public.lu/fr.html
Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml
Source: https://www.estv.admin.ch/estv/en/home.html.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: https://www.ato.gov.au.
Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.
Source: https://www.nta.go.jp/foreign_language/.
Source: http://www.chinatax.gov.cn/2013/n2925/.
* calculations are currently based on the 2024 tax rules, rates and allowances for comparable single individuals in each country.