Factcheck LedgerReceipts, not verdicts

Bank Surcharge receipts by year

The Bank Corporation Tax Surcharge.

Receipts, 2025 to 2026
£1.2 billion
HMRC
Share of HMRC receipts
0.1%
2025 to 2026

HMRC records Bank Surcharge receipts of £1.2 billion in 2025 to 2026, 0.1% of all HMRC receipts that year. That compares with £974 million in 2024 to 2025, a change of +20.1% in cash terms. The highest year in HMRC's table is 2022 to 2023, at £2.6 billion. Its share of total HMRC receipts ranged from 0.1% (2024 to 2025) to 0.3% (2021 to 2022).

£2.6 billion£974 million 2016 to 20172025 to 2026
Every value in the official series, 2016 to 2017 to 2025 to 2026.

Receipts by year

Tax yearReceiptsChange on previous yearShare of HMRC receipts
2025 to 2026£1.2 billion+20.1%0.12%
2024 to 2025£974 million-32.6%0.11%
2023 to 2024£1.4 billion-44.0%0.17%
2022 to 2023£2.6 billion+10.5%0.33%
2021 to 2022£2.3 billion+65.7%0.33%
2020 to 2021£1.4 billion-29.1%0.24%
2019 to 2020£2.0 billion+4.4%0.31%
2018 to 2019£1.9 billion+7.1%0.31%
2017 to 2018£1.8 billion+55.3%0.30%
2016 to 2017£1.1 billion0.20%

Source: HMRC receipts. About these figures · CSV

Sources and receipts