The statistic shows the total tax contributions made by the United Kingdom's banking sector to the Exchequer between 2014 and 2017, split by domestic and foreign owned banks. It can be seen that during the 2017 financial year UK banks paid approximately 800 million more in tax contributions than foreign banks.
Total tax contribution of domestic and foreign owned banks in the United Kingdom (UK) in 2017 (in billion British pounds)
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UK Finance. (October 26, 2017). Total tax contribution of domestic and foreign owned banks in the United Kingdom (UK) in 2017 (in billion British pounds) [Graph]. In Statista. Retrieved April 23, 2024, from https://www.statista.com/statistics/831723/tax-contribution-of-the-united-kingdom-banking-sector-domestic-foreign/
UK Finance. "Total tax contribution of domestic and foreign owned banks in the United Kingdom (UK) in 2017 (in billion British pounds)." Chart. October 26, 2017. Statista. Accessed April 23, 2024. https://www.statista.com/statistics/831723/tax-contribution-of-the-united-kingdom-banking-sector-domestic-foreign/
UK Finance. (2017). Total tax contribution of domestic and foreign owned banks in the United Kingdom (UK) in 2017 (in billion British pounds). Statista. Statista Inc.. Accessed: April 23, 2024. https://www.statista.com/statistics/831723/tax-contribution-of-the-united-kingdom-banking-sector-domestic-foreign/
UK Finance. "Total Tax Contribution of Domestic and Foreign Owned Banks in The United Kingdom (Uk) in 2017 (in Billion British Pounds)." Statista, Statista Inc., 26 Oct 2017, https://www.statista.com/statistics/831723/tax-contribution-of-the-united-kingdom-banking-sector-domestic-foreign/
UK Finance, Total tax contribution of domestic and foreign owned banks in the United Kingdom (UK) in 2017 (in billion British pounds) Statista, https://www.statista.com/statistics/831723/tax-contribution-of-the-united-kingdom-banking-sector-domestic-foreign/ (last visited April 23, 2024)
Total tax contribution of domestic and foreign owned banks in the United Kingdom (UK) in 2017 (in billion British pounds) [Graph], UK Finance, October 26, 2017. [Online]. Available: https://www.statista.com/statistics/831723/tax-contribution-of-the-united-kingdom-banking-sector-domestic-foreign/