VAT receipts made up 21% of HMRC's total tax income in 2017/18, according to accountancy group UHY Hacker Young - up from 18% in 2008/09.
The total amount of VAT collected has rocketed up 60% over the last 10 years - up to £125bn in 2017/18, from £78bn in 2008/09. The accountancy group said the statistics highlighted how the UK tax burden...
Partner Insight Video: Advisers have had to adapt to the changing investment landscape.
Investment trust savings scheme