Company tax has grown by 42 per cent between 2012 and 2015, much faster than FSS tax, which only grew by 26 per cent, meaning that it now represents half of the government’s tax revenue.

Capital gains tax has grown by a staggering 54 per cent during that time but remains a minor share of the total.

Source: Parliamentary question

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.