Solomon Islands vs United Kingdom
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΈπ§ Solomon Islands β Solomon Islands Tax System
The Solomon Islands levies income tax at progressive rates up to 40%. GST (Goods and Services Tax) replaced import duties for many items. Tax administration is handled by the Inland Revenue Division. Logging, fishing, and subsistence agriculture dominate the economy. Political instability and dependence on aid are ongoing challenges.
π¬π§ 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£1,200βΒ£4,000+/year). Business rates are set nationally but collected locally. SDLT applies to property purchases (LBTT in Scotland, LTT in Wales).
Solomon Islands vs United Kingdom: Key Tax Differences (2026)
π° Income Tax: π¬π§ United Kingdom has a higher top income tax rate (0β40% vs 0β45%). πΈπ§ Solomon Islands is more favourable for high earners.
π VAT/Sales Tax: United Kingdom has a higher consumption tax (10% vs 0β20%).
π’ Corporate Tax: π¬π§ United Kingdom offers a lower corporate rate (25% vs 30%), which can influence business location decisions.
π Capital Gains: πΈπ§ Solomon Islands taxes investment gains at a lower rate (0% vs 24%), benefiting investors.