Osborne's policy changes will yield an extra 5 billion in tax
As a result of policy changes in the Autumn Statement 2015, taxpayers could be handing the British government an extra £5 billion over the coming five years. The new apprenticeship levy, changes to stamp duty and the "making tax digital" initiative are all set to generate millions of pounds for HM Revenue & Customs. Read more in Statista's latest infographic feature on the Independent.
Description
This chart shows extra tax to be generated from policy changes in the 2015 Autumn Statement.
Extra tax to be generated as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)
Extra tax to be generated by Apprenticeship Levy as a result of policy changes made in the Autumn Statement 2015 in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)*
Extra tax to be generated as a result of Making Tax Digital in the United Kingdom (UK) from 2015/2016 to 2020/2021 (in million GBP)*
Climate change levy tax receipts in the United Kingdom from 2010/11 to 2024/25 (in million GBP)
Stamp duty land tax receipts in the United Kingdom from 2011/12 to 2025/26 (in billion GBP)
Bank levy tax receipts in the United Kingdom from 2011/12 to 2025/26 (in billion GBP)
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