HMRC · HMRC tax and NICs receipts for the UK
Income Tax receipts
£326.9bnmillion
Income Tax receipts was £326.9bn in the year ending March 2026, up 8.0% (£24.1bn) from £302.8bn in the year ending March 2025.
▲ 8.0% · +£24.1bn against Year ending March 2025 (previous period)
- HMRC count
- Year ending March 2026
- published 21 August 2026
- Table 2
- row “2025 to 2026”
- column “Income Tax”
- cell value 326932
Year ending March 2026 is the highest figure in the published series: £326.9bn. Rule: highest of the 20 periods published here (Year ending March 2007 to Year ending March 2026).
Year ending March 2007 to Year ending March 2026
What this measures
Income Tax received by HMRC in the financial year, gross of personal tax credits, covering PAYE, Self Assessment and smaller elements.
What this doesn’t measure
Income Tax raised in Scotland under Scottish rates as a separate figure, or the tax due on a year's income rather than the cash received in the year.
Important caveat
Receipts are cash received in the period, so they lag the activity being taxed: Self Assessment income tax and capital gains tax arrive up to a year later, and Corporation Tax arrives in instalments. Figures are in cash terms, so a rise partly reflects inflation and a growing economy rather than a heavier tax. Some taxes did not exist in earlier years and their columns are blank rather than zero. HMRC does not collect every tax: council tax, business rates, vehicle excise duty and the devolved Scottish and Welsh taxes are raised elsewhere.
Revision history
No period of this series has been revised since it was first ingested here. Revisions are recorded automatically when a later release publishes a different figure for the same period.
Source
- Publisher
- HMRC
- Publication
- HMRC tax and NICs receipts for the UK
- Release
- HMRC tax and NICs receipts: July 2026, published 21 August 2026
- Source file
- hmrc.ods
- File SHA-256
- f5c7955e31e420da5d3d84ffa7fbd248c05f4f2e10d9a3d5fd741caee7efa39f
- Retrieved
- 3 September 2026
- Sheet
- Receipts_Annually
- Table
- Table 2
- Row
- 2025 to 2026
- Column
- Income Tax
- Cell value
- 326932
- Geography
- United Kingdom
- Unit
- £ million
- API
- /api/metrics/income_tax_receipts · /series · /vintages
Related metrics
Government periods
Change during each government, from the level inherited to the last complete period before it left office. Describes the period; does not attribute cause.
| Labour 2024– | £275.3bnYear ending March 2024 | £326.9bnYear ending March 2026 | ↑ 18.8% |
| Conservative 2019–2024 | £191bnYear ending March 2019 | £275.3bnYear ending March 2024 | ↑ 44.1% |
| Conservative 2017–2019 | £177.1bnYear ending March 2017 | £191bnYear ending March 2019 | ↑ 7.9% |
| Conservative 2015–2017 | £163.1bnYear ending March 2015 | £177.1bnYear ending March 2017 | ↑ 8.6% |
| Coalition 2010–2015 | £144.9bnYear ending March 2010 | £163.1bnYear ending March 2015 | ↑ 12.6% |
- Release
- HMRC tax and NICs receipts: July 2026 · publication page
- Last updated
- 21 August 2026
- Next release expected
- Not yet announced (estimated from the usual cadence)