Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Finance workers pay most tax

14 August 2018
Issue: 4660 / Categories: News

The proportion of tax the sectors paid in 2016-17 rose

The financial and insurance sectors accounted for most tax in each of the years covered by HMRC’s annual table showing the percentage distribution of income tax deducted from pay by industry.

The proportion of tax the sectors paid in 2016-17 rose to 17.1% from 16.6% in 2015-16. In 2014-15 it was 16.8%.

Professional, scientific and technical activities were next highest with 12.2% in both 2016-17 and 2015-16. In 2014-15, the figure 11.3%.

The agriculture, forestry and fishing sector made the smallest tax contribution – 0.3% for all years since 2009-10.

PAYE tax deducted

Issue: 4660 / Categories: News
back to top icon