VAT receipts during the Conservative 2015–2017 government
Year ending March 2015 → Year ending March 2017 · 2 periods
↑ 7.6%+£8.4bn £ million
VAT receipts rose by 7.6% over the period, from £111.4bn £ million (Year ending March 2015, the level when the government took office) to £119.8bn (Year ending March 2017, the last complete period before it left office).
Inherited level Year ending March 2015: £111.4bn
Level when it left Year ending March 2017: £119.8bn
method: latest complete period before start / before end
Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.
Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value
Definition and caveats
Value Added Tax received by HMRC in the financial year, net of repayments to businesses.
Doesn’t measure: Who ultimately bore the tax. VAT is collected from businesses and passed on in prices to an extent this figure cannot show.