Main public sector receipts as a share of GDP in the UK 2000-2022
In 2022/23, income tax accounted for 9.8 percent of gross domestic product in the United Kingdom, the largest tax as a share of GDP in this financial year. Throughout this time period, income tax has accounted for the highest share of GDP among UK taxes, followed by VAT and National Insurance Tax being the second-largest tax, depending on the relevant year.