In 2019/20 corporation tax receipts in the United Kingdom amounted to approximately 63.2 billion British pounds, an increase of around seven billion pounds when compared with the previous year. The vast majority of this income came from onshore corporation tax receipts, which amounted to over 59.9 billion pounds in 2019/20, with offshore corporation tax contributing 1.27 billion pounds, and the banks surcharge almost two billion pounds.
Corporation tax receipts in the United Kingdom from 2000/01 to 2019/20
(in million GBP)
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HM Revenue and Customs. (September 24, 2020). Corporation tax receipts in the United Kingdom from 2000/01 to 2019/20 (in million GBP) [Graph]. In Statista. Retrieved January 17, 2022, from https://www.statista.com/statistics/284319/united-kingdom-hmrc-tax-receipts-corporation-tax/
HM Revenue and Customs. "Corporation tax receipts in the United Kingdom from 2000/01 to 2019/20 (in million GBP)." Chart. September 24, 2020. Statista. Accessed January 17, 2022. https://www.statista.com/statistics/284319/united-kingdom-hmrc-tax-receipts-corporation-tax/
HM Revenue and Customs. (2020). Corporation tax receipts in the United Kingdom from 2000/01 to 2019/20 (in million GBP). Statista. Statista Inc.. Accessed: January 17, 2022. https://www.statista.com/statistics/284319/united-kingdom-hmrc-tax-receipts-corporation-tax/
HM Revenue and Customs. "Corporation Tax Receipts in The United Kingdom from 2000/01 to 2019/20 (in Million Gbp)." Statista, Statista Inc., 24 Sep 2020, https://www.statista.com/statistics/284319/united-kingdom-hmrc-tax-receipts-corporation-tax/
HM Revenue and Customs, Corporation tax receipts in the United Kingdom from 2000/01 to 2019/20 (in million GBP) Statista, https://www.statista.com/statistics/284319/united-kingdom-hmrc-tax-receipts-corporation-tax/ (last visited January 17, 2022)
