Posted: September 13, 2018
HMRC have released detailed statistics on the Corporation Tax system for 2018. The statistics show Corporation Tax receipts of £56 billion – an increase of 11% on 2016/17. There were almost 1.5 million companies recording Corporation Tax liabilities . Around 8,000 companies had Corporation Tax liabilities of in excess of £500,000 – and contributed around 58% of the Corporation Tax collected.