United Kingdom: Annual Tax Revenue Trends (2000-2021) in Local Currency Units (GBP)

The indicator "Tax revenue (current LCU)" refers to the total amount of revenue collected by the government from taxes, measured in local currency units (LCU) of the country. This includes all types of taxes, such as income taxes, corporate taxes, value-added taxes (VAT), excise taxes, and customs duties, among others. Tax revenue is a key component of a country's overall revenue and is crucial for funding government operations, public services, infrastructure projects, and social programs. The chart shows the United Kingdom's tax revenue over 22 years, from 2000 to 2021, providing insight into the country's tax revenue trends during this period, expressed in British Pounds (GBP).