Tax Revenue in the United Kingdom decreased to 63651 GBP Million in May from 64831 GBP Million in April of 2026. Tax Revenue in the United Kingdom averaged 38393.09 GBP Million from 1997 until 2026, reaching an all time high of 110331.00 GBP Million in January of 2026 and a record low of 16025.00 GBP Million in June of 1997. source: Office for National Statistics

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	118046.00	118945.00	GBP Million	May 2026
Public Sector Net Borrowing Ex Banks	-23294.00	-23033.00	GBP Million	May 2026
Government Debt	2984.30	2940.80	GBP Billion	May 2026
Government Revenues	94752.00	95912.00	GBP Million	May 2026
Government Spending	149462.00	148909.00	GBP Million	Mar 2026
Interest Payments on Government Debt	11747.00	9762.00	GBP Million	May 2026
Public Sector Net Borrowing	-23294.00	-23033.00	GBP Million	May 2026
Public Sector Net Debt to GDP	95.10	94.10	percent of GDP	May 2026
Tax Revenue	63651.00	64831.00	GBP Million	May 2026

United Kingdom Tax Revenue

Tax revenues represent the total income collected by the government from compulsory levies on individuals, businesses, and goods and services. This includes income tax, corporate tax, value-added tax (VAT), customs duties, and other taxes. It is a key source of public funding used to finance government operations and public services.