13 December 2019 – 5 July 2024
Tax during the Conservative 2019–2024 government
Summary
| Metric | Level when government took office | Latest | Change during government |
|---|---|---|---|
| Total HMRC receiptsHMRC · £ million | £621.2bnYear ending March 2019 | £828.6bnYear ending March 2024 | ↑ 33.4%+£207.4bn · 5 periods |
| Income Tax receiptsHMRC · £ million | £191bnYear ending March 2019 | £275.3bnYear ending March 2024 | ↑ 44.1%+£84.2bn · 5 periods |
| National Insurance receiptsHMRC · £ million | £136.9bnYear ending March 2019 | £179.2bnYear ending March 2024 | ↑ 30.9%+£42.3bn · 5 periods |
| VAT receiptsHMRC · £ million | £132.5bnYear ending March 2019 | £168.4bnYear ending March 2024 | ↑ 27.0%+£35.8bn · 5 periods |
| Corporation Tax receiptsHMRC · £ million | £54.4bnYear ending March 2019 | £85.7bnYear ending March 2024 | ↑ 57.5%+£31.3bn · 5 periods |
| Capital Gains Tax receiptsHMRC · £ million | £9.2bnYear ending March 2019 | £14.5bnYear ending March 2024 | ↑ 57.7%+£5.3bn · 5 periods |
| Inheritance Tax receiptsHMRC · £ million | £5.4bnYear ending March 2019 | £7.5bnYear ending March 2024 | ↑ 39.9%+£2.1bn · 5 periods |
| Stamp Duty Land Tax receiptsHMRC · £ million | £11.9bnYear ending March 2019 | £11.6bnYear ending March 2024 | ↓ 2.7%−£328m · 5 periods |
| Fuel duty receiptsHMRC · £ million | £28.1bnYear ending March 2019 | £24.9bnYear ending March 2024 | ↓ 11.5%−£3.2bn · 5 periods |
| Tobacco duty receiptsHMRC · £ million | £9.3bnYear ending March 2019 | £8.8bnYear ending March 2024 | ↓ 5.2%−£486m · 5 periods |
| Central government receiptsONS · £ million | £57.6bnNovember 2019 | £81.1bnJune 2024 | ↑ 40.8%+£23.5bn · 55 periods |
Total HMRC receipts
Inherited Year ending March 2019: £621.2bn £ million. Latest Year ending March 2024: £828.6bn.
Income Tax receipts
Inherited Year ending March 2019: £191bn £ million. Latest Year ending March 2024: £275.3bn.
National Insurance receipts
Inherited Year ending March 2019: £136.9bn £ million. Latest Year ending March 2024: £179.2bn.
VAT receipts
Inherited Year ending March 2019: £132.5bn £ million. Latest Year ending March 2024: £168.4bn.
Corporation Tax receipts
Inherited Year ending March 2019: £54.4bn £ million. Latest Year ending March 2024: £85.7bn.
Capital Gains Tax receipts
Inherited Year ending March 2019: £9.2bn £ million. Latest Year ending March 2024: £14.5bn.
Inheritance Tax receipts
Inherited Year ending March 2019: £5.4bn £ million. Latest Year ending March 2024: £7.5bn.
Stamp Duty Land Tax receipts
Inherited Year ending March 2019: £11.9bn £ million. Latest Year ending March 2024: £11.6bn.
Fuel duty receipts
Inherited Year ending March 2019: £28.1bn £ million. Latest Year ending March 2024: £24.9bn.
Tobacco duty receipts
Inherited Year ending March 2019: £9.3bn £ million. Latest Year ending March 2024: £8.8bn.
Central government receipts
Inherited November 2019: £57.6bn £ million. Latest June 2024: £81.1bn.