SIVENSON Tax
SIVENSON Tax
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NI Contribution Employer (Social Security Cont)
Business Rates (On Property)
£800 Billion
£795B rounded
Annual Tax Revenue - FY 2021
37% GDP
£514 Billion
Big Four - 65%
£198 B
Income Tax: [PAYE-£169.3 B + SE-£31.9B - Other £-3.1B] -25%
£144 B
NI [EE-ER] - 18%
£119 B
VAT - 15%
£53 B
CorpTax [Onshore-£52B +Offshore-£1B] - 7%
£100 Billion
Mid Four - 14%
£38.4 B
Council Tax.£21B + Business Rates.£17B- 4%
£23 B
DIT [Dividend & Interest Tax] -2%
£21 B
Fuel Duty-2%
£17 B
Business Rates -2%
£74 Billion
Small Eight - 10%
£14 B
SD.LT (£4B+ £10B) -2%
£12 B
Alcohol Duty -1.5 %
£10.6 B
Capital Tax -3%
£10 B
Tobacco Duty - 1 %
£9 B
Env Levy - 1%
£7 B
VED - 1%
£6 B
IPT-0.5%
£5 B
IHT -0.5 %
£90 Billion
Minor Eight-11%
£58 B
PS'GOS-7%
£21B
O'PSTAR-5%
£4 B
License Fee- 0.5%
£2 B
Climate Levy
£2 B
Bank Levy
£1 B
Air Passenger Duty
£1 B
ETS
£1 B
PRT
£0.1 B
DPT
ABBR'v: VED-Vehicle Excise Duty; SDLT-Stamp Duty Land Tax; IPT-Insurance Premium Tax; APD-Air Passenger Duty; IHT-Inheritance Tax; DIT-Dividend & Interest Tax, CC Levy-Climate Change Levy; ETS-Emission Trading Scheme; O'PSTAR-Other Public Sector Taxes And Receipts; PRT- Petroleum Revenue Tax; DPT- Diverted Profit Tax; PSGOS- Public Sector Gross Operating Surplus
SOURCES
1. Office of Budget Responsibility
2. IFS- Institute of Fiscal Studies
3. UK Parliament Library
4. Office of National Statistics
