Tax and British business: Making the case

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Taken from the CBI's report "Tax and British Business: Making the case". These graphics illustrate the contribution UK businesses make to the British economy

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  • Out of business' total contribution in 2010/11, 26% (£42bn) was from corporation tax, the rest being paid through other taxes such as Employers National Insurance (£56bn), business rates (£42bn) and fuel duties, (£14bn)
  • Two measures of a country's corporation tax rate - the effective average and effective martinal tax rates, show the UK regime is far from being the most competitive in the G20
  • The headline statutory rate of corporation tax has been falling in major economies over the last 15 years - and how the UK's rate has had to fall in recent years to to remain competitive
  • The effect of deductions and reliefs on the corporation tax bill of two aggregated business sectors, illustrating the extent of the impact they have on a company's taxable profit
  • While businesses pay a large share of the overall tax take, the business tax burden does not fall uniformly across all businesses
  • UK businesses pay more corporation tax than their counterparts in the US, France and Germany, both as a proportion of total taxes collected and as a proportion of GDP
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