Corporation Tax receipts during the Conservative 2019–2024 government
Year ending March 2019 → Year ending March 2024 · 5 periods
↑ 57.5%+£31.3bn £ million
Corporation Tax receipts rose by 57.5% over the period, from £54.4bn £ million (Year ending March 2019, the level when the government took office) to £85.7bn (Year ending March 2024, the last complete period before it left office).
Inherited level Year ending March 2019: £54.4bn
Level when it left Year ending March 2024: £85.7bn
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
Corporation Tax received in the financial year, gross of provisional tax credits and including receipts from offshore oil and gas companies.
Doesn’t measure: Which companies paid it, or profits earned in the UK and taxed elsewhere.