In the 2015/16 tax year the UK government raised £533 billion in taxation.
This is made up of:
Income tax 32%
National Insurance 21%
VAT 22%
Corporation Tax 8%
Duties on certain goods and imports 10%
Capital taxes and other taxes 7%
In the 2015/16 tax year the UK government raised £533 billion in taxation.
This is made up of:
Income tax 32%
National Insurance 21%
VAT 22%
Corporation Tax 8%
Duties on certain goods and imports 10%
Capital taxes and other taxes 7%