Corporation Tax: Taxis

HM Treasury written question – answered on 23rd May 2016.

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Photo of Oliver Heald Oliver Heald Conservative, North East Hertfordshire

To ask Mr Chancellor of the Exchequer, with reference to the Answer of 28 April 2016 to Question 35452, on corporation tax: taxis, in which table of the document referred to in that Answer information on corporation tax paid by minicab businesses is provided.

Photo of David Gauke David Gauke The Financial Secretary to the Treasury

Corporation tax liabilities for Taxi Operations for 2013-14 have been extracted from the data used for HM Revenue and Customs National Statistics, published in August 2015. Table 11.4 of this publication shows industry breakdowns at an aggregated level:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/456459/Corporation_Tax_Statistics_August_2015.pdf

The breakdown of corporation tax liabilities for the relevant detailed Standard Industrial Classification (SIC) 2007 sector classifications is provided in the table below.

SIC 2007 sector category

CT Liabilities (£m)

Sector Description

49319

36.1

Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar)

49320

27.1

Taxi operation

49390

22.3

Other passenger land transport

53201

8.1

Licensed carriers

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