Tax contributed by the motorcycle industry in the UK in 2012, by sector and tax type

This bar chart shows the amount of tax contributions made by various sectors of the motorcycle industry in the United Kingdom (UK) in 2012, in million British pounds. In the distribution and retail sector, an estimated 66 million British pounds was generated in corporation tax. The total amount of tax contributed by the motorcycle industry reached over one billion British pounds in 2012.

Tax contributions* by the motorcycle industry in the United Kingdom in 2012, by sector and type of contribution

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Release date

January 2015

Region

United Kingdom

Survey time period

2012

Supplementary notes

Figures estimated by ICF.
* Tax rates: VAT: 20% of net output; Income Tax: 20% of wages; Corporation Tax: 24% of profits; Fuel Excise Duty: 57.95 pence per litre +VAT;
** Motorcycle vehicle tax is estimated as the number of motorcycles registered in each class of engine size, multiplied by the corresponding 12 month rate of vehicle tax in 2012. The resulting tax payments by engine size are then summed to provide total industry vehicle tax contributions of £56 million
i.e. 0-150cc: 394,000 motorcycles x £16 = £5.9 million,
151-400cc: 129,000 motorcycles x £36 = £4.3 million,
401-600cc: 193,000 motorcycles x £55 = £11.7 million,
600cc+: 508,000 motorcycles x £76 = £34.4 million.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Motorcycle industry in Colombia"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.