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Total Tax Contribution of the UK banking sector

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Corporation Tax, 26.9%

Corporation Tax, 4.9%

Tax deducted at source,18.0%

Tax deducted at source,6.0%

Employment taxes,37.3%

Employment taxes,56.0%

Irrecoverable VAT, 11.9%

Irrecoverable VAT, 13.8%

Bank levy, 7.7%

Net VAT collected, 1.3%

Net VAT collected, 3.0%

Others, 4.6%Others, 8.6%

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2008 2014

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