The source adds the following information: Wealthy individuals are defined as those who have incomes of 200,000 British pounds or more, or assets above two million British pounds, in any of the last three years. Stamp duty taxes constitute Stamp Duty Land Tax (on purchases of property) and Stamp Duty Reserve Tax (on purchases of shares). Personal taxes are defined as Income Tax, National Insurance Contributions, Capital Gains Tax, Inheritance Tax and stamp duty taxes. Only those amounts are included within each type of tax that are paid by individual taxpayers.
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Value of tax paid by wealthy individuals in the UK FY 2020-2024
From 2019 to 2024, the value of the tax paid by wealthy individuals in the United Kingdom increased steadily. Of the total amount paid, income tax paid at the source consistently held the largest share. At the peak of the observed period in 2024, wealthy individuals in the UK paid a total of *** billion British pounds in taxes, ** billion of which was income tax paid at the source. In 2023, the overall tax revenue from the rich was near *** billion British pounds, with over ** billion British pounds being income tax paid at the source.
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National Audit Office UK. (May 14, 2025). Value of tax receipts paid by wealthy individuals in the United Kingdom (UK) from financial year 2019 to 2024, by tax type (in billion GBP) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1662090/uk-annual-tax-paid-wealthy-individuals/
National Audit Office UK. "Value of tax receipts paid by wealthy individuals in the United Kingdom (UK) from financial year 2019 to 2024, by tax type (in billion GBP)." Chart. May 14, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1662090/uk-annual-tax-paid-wealthy-individuals/
National Audit Office UK. (2025). Value of tax receipts paid by wealthy individuals in the United Kingdom (UK) from financial year 2019 to 2024, by tax type (in billion GBP). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1662090/uk-annual-tax-paid-wealthy-individuals/
National Audit Office UK. "Value of Tax Receipts Paid by Wealthy Individuals in The United Kingdom (Uk) from Financial Year 2019 to 2024, by Tax Type (in Billion Gbp)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 14 May 2025, /statistics/1662090/uk-annual-tax-paid-wealthy-individuals/
National Audit Office UK, Value of tax receipts paid by wealthy individuals in the United Kingdom (UK) from financial year 2019 to 2024, by tax type (in billion GBP) ÌÇÐÄÆÆ½â°æ, /statistics/1662090/uk-annual-tax-paid-wealthy-individuals/ (last visited August 01, 2026)
Value of tax receipts paid by wealthy individuals in the United Kingdom (UK) from financial year 2019 to 2024, by tax type (in billion GBP) [Graph], National Audit Office UK, May 14, 2025. [Online]. Available: /statistics/1662090/uk-annual-tax-paid-wealthy-individuals/