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Data Starter: UK tax revenue since 2016

Elizabeth Veal

20th February 2026

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What has been happening to the tax revenue the government collects since 2016?

Using the Trading Economics chart (click on 10Y one), answer these calculation questions:

  1. Identify two significant features of the data.
  2. Calculate the percentage change between the average tax revenue take for the last quarter’s months (Oct-Dec) in 2025 to the same for quarter in 2016.

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.