Tax contribution of UK’s big businesses rises despite drop in corporation tax

Matthew Gilleard

January 31 2014

The total tax contribution of the UK’s biggest companies rose by £500 million ($820 million) on 2012, despite corporation tax revenues falling sharply. And, for the first time, employers’ national insurance contributions overtook corporation tax as the biggest source of tax revenue from the 100 Group of Britain’s biggest companies.

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Matthew Gilleard

Matthew Gilleard worked at ITR between 2010 and 2016

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