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>Tax collected in 2019-20 rose to £636.7bn

Tax collected in 2019-20 rose to £636.7bn

09 November 2020
Issue: 4768 / Categories: News

In 2019-20, HMRC generated tax revenues of £636.7bn from 45 million individual taxpayers and five million businesses, an increase of £8.8bn on the previous year, according to the department’s annual accounts. It also achieved its 2015 commitment to raise an additional £5bn a year by 2019-20 by ‘tackling tax avoidance and aggressive tax planning, evasion and other non-compliance, and addressing imbalances in the tax system’. On offshore compliance, the report s

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Issue: 4768 / Categories: News
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