The City of London Corporation supports humanitarian aid in Ukraine
Total tax contribution of UK financial services.
The thirteenth edition of our annual survey of the total tax contribution made by UK financial services finds that the finance sector’s firms, employees and customers contributed £75.6bn to public finances in tax, in the year to March 2020. Despite turbulence, the sector is set to contribute a stable amount in the current financial year.
Prepared for the City of London Corporation by PwC, the report underlines the importance of the sector as an asset to the UK economy, employing 3% of the workforce (1.1m workers) and 10% of taxes.
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