Britain’s Top 100 Companies See Tax Bill Rise 7.25% in Past Year

December 5, 2023, 12:01 AM UTC

Britain’s 100 largest companies saw their tax bill rise 7.25% in the past year to a total of £90 billion ($113 billion), accounting for a 10th of all of the government’s receipts.

The figures for the year through March from the 100 Group, a collection of the UK’s biggest public and private companies that employ about 5.6% of the workforce, underscore the rising burden tax that’s set to hit the highest level since World War II.

High taxes have become a big issue for the government as the UK taxation as a share of national income heading for a record ...

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