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Total tax contribution of UK financial services eleventh edition

04 December 2018

The total tax contribution of UK financial services eleventh edition report

Download:The total tax contribution of UK financial services - eleventh edition (567KB)

Download:The total tax contribution of UK financial services infographic (263KB)

The eleventh edition of our annual survey of the total tax contribution made by UK financial services finds that the sector contributed £75 billion in taxes in the year to March 2018. The highest total since the survey began in 2007. The financial services sector employed 3.4% of the UK workforce, generating 6.6% of economic output and 10.9% of total UK Government tax receipts.

Prepared for the City of London Corporation by PwC, the report demonstrates the financial services industry’s significant, and stable contribution to public funds.

Published:
29 November 2018
Last Modified:
19 February 2019

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