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

SME lending increases
Posted on 19 Jun 2024
SME lending increases
read more
More tax awaits us
Posted on 12 Jun 2024
More tax awaits us
read more
High tax Britain
Posted on 05 Jun 2024
High tax Britain
read more
Biggest tax freeze in history
Posted on 29 May 2024
Biggest tax freeze in history
read more
Back To Top
01604 660661