Speed Read: The fifth Total Tax Contribution survey reveals that The Hundred Group contributed £66.6 billion to the public finances in taxes borne and collected, or 13.1% of total Government receipts. Despite the economic downturn and lower corporation tax payments other taxes remained steady or increased, so that the size of the total contribution was very much the same as the previous year. However an impact of the downturn is that the average cost of all taxes borne by these companies as measured by the Total Tax Rate increased. At 41.6% the average TTR ranks high internationally.
