Income tax payments up

Posted on 26 Sep 2013
Share Blog Post

 Income tax payments up

The Treasury collected £148.8bn in income tax in the 2016-17 tax year. The figure - up 5.3% on the year before - was driven by a rise in tax payments via self-assessment, which jumped by 17%, or £4.2bn. Meanwhile, HMRC figures reveal there were 121,300 registered non-doms in the UK 2014-15. Together they paid a total of £9.3bn in income, NI and capital gains taxes. In total, 85,400 of the registered non-doms were UK residents in 2014-15, meaning that on average they each paid about £105,000 to HMRC. Non-doms based in London and the southeast contributed 86% of all the tax paid by these people, according to the data.

Independent (01/09)    

View more blog posts

MTD for self assassment
Posted on 26 Mar 2025
MTD for self assassment
read more
SME's price hike
Posted on 26 Mar 2025
SME's price hike
read more
IHT blow to SME's
Posted on 19 Mar 2025
IHT blow to SME's
read more
SME's raise prices
Posted on 05 Mar 2025
SME's raise prices
read more
Back To Top
01604 660661