Where Your £100 Comes From
For every £100 the government collects in tax, this shows where it comes from. Most people assume income tax does the heavy lifting, and they are right. Income tax and National Insurance together account for nearly half of everything the government raises. The rest comes from what you spend, what businesses earn and what you own.
per £100£100
- Income Tax£30
- National Insurance£18
- VAT£17
- Corporation Tax£8
- Council Tax£5
- Business Rates£3
- Fuel Duty£2
- Other taxes£17
Source: Office for National Statistics / HMRC
Coverage: UK