Factcheck LedgerReceipts, not verdicts

VAT receipts by year

Value Added Tax receipts.

Receipts, 2025 to 2026
£179.9 billion
HMRC
Share of HMRC receipts
19.2%
2025 to 2026

HMRC records VAT receipts of £179.9 billion in 2025 to 2026, 19.2% of all HMRC receipts that year. That compares with £171.0 billion in 2024 to 2025, a change of +5.2% in cash terms. Its share of total HMRC receipts ranged from 16.9% (2009 to 2010) to 22.0% (2021 to 2022). HMRC's latest count is 2,285,900 for 2024-25 (number of VAT-registered traders).

£179.9 billion£70.2 billion 2006 to 20072025 to 2026
Every value in the official series, 2006 to 2007 to 2025 to 2026.

Receipts by year

Tax yearReceiptsChange on previous yearShare of HMRC receipts
2025 to 2026£179.9 billion+5.2%19.18%
2024 to 2025£171.0 billion+1.5%19.91%
2023 to 2024£168.4 billion+6.5%20.32%
2022 to 2023£158.0 billion+0.3%20.08%
2021 to 2022£157.5 billion+55.0%22.01%
2020 to 2021£101.7 billion-21.7%17.40%
2019 to 2020£129.9 billion-2.0%20.51%
2018 to 2019£132.5 billion+4.8%21.34%
2017 to 2018£126.4 billion+5.5%21.31%
2016 to 2017£119.8 billion+4.2%21.09%
2015 to 2016£114.9 billion+3.2%21.59%
2014 to 2015£111.4 billion+6.3%21.66%
2013 to 2014£104.7 billion+4.1%21.25%
2012 to 2013£100.6 billion+2.3%21.23%
2011 to 2012£98.3 billion+17.7%20.82%
2010 to 2011£83.5 billion+19.0%18.39%
2009 to 2010£70.2 billion-10.6%16.91%
2008 to 2009£78.4 billion-2.7%17.61%
2007 to 2008£80.6 billion+4.2%17.67%
2006 to 2007£77.4 billion18.05%

Source: HMRC receipts. About these figures · CSV

Number of VAT-registered traders

Number of VAT-registered traders (live trader population at the end of each year). Traders registered for VAT, not people paying VAT on purchases. Source: HMRC VAT statistics.

YearNumber
2024-252,285,900
2023-242,269,800
2022-232,289,700
2021-222,454,900
2020-212,388,500
2019-202,278,200
2018-192,265,100
2017-182,216,000
2016-172,197,200
2015-162,130,700
2014-152,043,400
2013-141,974,200
2012-131,917,500
2011-121,908,300
2010-111,913,600
2009-101,942,300
2008-091,960,600
2007-082,012,800
2006-071,929,100
2005-061,868,400
2004-051,826,200
2003-041,775,200
2002-031,729,600
2001-021,718,100
2000-011,698,300
1999-001,684,600
1998-991,665,800
1997-981,632,900
1996-971,595,300
1995-961,573,600
1994-951,579,900
1993-941,593,800
1992-931,632,000
1991-921,677,800
1990-911,745,100
1989-901,710,100
1988-891,623,900
1987-881,554,000
1986-871,505,500
1985-861,477,400
1984-851,458,900
1983-841,433,100
1982-831,398,300
1981-821,379,500
1980-811,338,000
1979-801,327,200
1978-791,292,300
1977-781,274,200
1976-771,271,300
1975-761,250,800
1974-751,223,800
1973-741,196,700
1972-73981,200

VAT receipts since 1973-74

HMRC's annual VAT statistics give net VAT receipts back to 1973-74, in £ million. They are a separate table from the one above and can differ slightly from it. Source: HMRC VAT statistics.

£171 billion£1.5 billion 1973-742024-25
Every value in the official series, 1973-74 to 2024-25.
YearNet receipts
2024-25£171.0 billion
2023-24£168.4 billion
2022-23£158.0 billion
2021-22£157.5 billion
2020-21£101.7 billion
2019-20£129.9 billion
2018-19£132.5 billion
2017-18£126.4 billion
2016-17£119.8 billion
2015-16£114.9 billion
2014-15£111.4 billion
2013-14£104.7 billion
2012-13£100.6 billion
2011-12£98.3 billion
2010-11£83.5 billion
2009-10£70.2 billion
2008-09£78.4 billion
2007-08£80.6 billion
2006-07£77.4 billion
2005-06£72.9 billion
2004-05£73.0 billion
2003-04£69.1 billion
2002-03£63.5 billion
2001-02£61.0 billion
2000-01£58.5 billion
1999-00£56.4 billion
1998-99£52.3 billion
1997-98£50.6 billion
1996-97£46.6 billion
1995-96£43.1 billion
1994-95£41.7 billion
1993-94£39.2 billion
1992-93£37.2 billion
1991-92£35.2 billion
1990-91£30.9 billion
1989-90£29.5 billion
1988-89£27.2 billion
1987-88£24.2 billion
1986-87£21.3 billion
1985-86£19.4 billion
1984-85£18.6 billion
1983-84£15.3 billion
1982-83£13.8 billion
1981-82£11.9 billion
1980-81£11.1 billion
1979-80£8.0 billion
1978-79£4.9 billion
1977-78£4.3 billion
1976-77£3.8 billion
1975-76£3.5 billion
1974-75£2.5 billion
1973-74£1.5 billion

Sources and receipts