Official Statistics

PAYE, Corporation Tax, Bank Payroll Tax and Bank Levy receipts

The receipts table shows annual figures for 2005 to 2006 to 2012 to 2013 on PAYE and Corporation Tax receipts from the banking sector, and receipts of Bank Payroll Tax in 2010 to 2011 and the Bank Levy from 2011 to 2012.

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PAYE, Corporation Tax, Bank Payroll Tax and Bank Levy receipts

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Corporation Tax and Bank Levy liabilities fall to companies to pay from their own resources. Sums paid through PAYE include a) Income Tax and National Insurance that employers deduct from employees’ earnings and pensions and pay to HMRC on employees’ behalf, and b) the separate National Insurance contributions for which employers themselves are directly liable.

Published 1 August 2013