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- In 2023/24, £277 billion was raised from income tax, £180 billion from NICs and £170 billion from VAT.
researchbriefings.files.parliament.uk/documents/CBP-8513/CBP-8513.pdf
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Oct 22, 2024 · HMRC collected £829.1 billion in taxes in 2023 to 2024, an increase of 5.1% from the year before. During 2023 to 2024, receipts from Income Tax (IT), Capital Gains Tax (CGT) and NICs combined...
Oct 22, 2024 · Gross HMRC Tax and NICs receipts for April 2024 to September 2024 are £406.3 billion, which is £11.1 billion higher than the same period last year.
Jul 30, 2024 · HM Revenue and Customs (HMRC) deals with the tax and payments affairs of virtually every business and individual in the UK. This report sets out how we have performed for the period 1 April...
After income tax, the next most substantial direct tax were contributions from National Insurance, which amounted to just over 177.74 billion pounds of tax revenue in 2023/24.
Jul 19, 2023 · HMRC collected around £787 billion in taxes in the last tax year (2022-2023), with 57 percent coming from income tax, national insurance and capital gains tax. The other top contributors to the tax take were VAT at 21 percent and corporation tax at 9 percent.
Tax receipts for National Insurance contributions in the United Kingdom amounted to over 177.7 billion British pounds in 2023/24, compared with 177.4 billion pounds in the previous year.
May 10, 2024 · In 2023/24, UK government raised around £1,095 billion (£1.1 trillion) in receipts – income from taxes and other sources. This is equivalent to around 40% of the size of the UK economy, as measured by GDP, which is the highest level since the early 1980s.