United Kingdom: Number of taxes
* indicates monthly or quarterly data series
| United Kingdom |
Number of taxes paid by businesses |
|---|---|
| Latest value | 9 |
| Year | 2019 |
| Measure | taxes |
| Data availability | 2005 - 2019 |
| Average | 8 |
| Min - Max | 8 - 9 |
| Source | The World Bank (doing business survey) |
The latest value from 2019 is 9 taxes, an increase from 8 taxes in 2018. In comparison, the world average is 23 taxes, based on data from 184 countries. Historically, the average for the United Kingdom from 2005 to 2019 is 8 taxes. The minimum value, 8 taxes, was reached in 2005 while the maximum of 9 taxes was recorded in 2019.
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* indicates monthly or quarterly data series
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Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 20.73 | 2023 | percent |
| Government spending, in dollars | 692.42 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -5.41 | 2023 | percent |
| Government debt | 100.60 | 2023 | percent |
| Government expenditure | 147.83 | Q2/2024 | billion |
| Long-term interest rate | 3.94 | 8/2024 | percent |
| Tax revenue | 27.30 | 2022 | percent |
| Commercial tax rate | 30.60 | 2019 | percent |
| Tax preparation time | 114 | 2019 | hours |
| Number of taxes | 9 | 2019 | taxes |
| Taxes on goods and services | 32.19 | 2022 | percent |
| Taxes on international trade | 0.66 | 2022 | percent |
| Income and profits taxes | 36.73 | 2022 | percent |