Retailers have been hit by surging tax bills driven by increasing corporation and property taxes, according to the PwC survey of the Hundred Group of the UK’s largest businesses.

65%

The surge in retailers’ tax bills since 2005 due to increasing business rates, corporation tax and property taxes.

59%

The total tax rate retailers pay compared with 39% in other industries.

£3.99bn

The tax large retailers paid in 2012 compared with £3.86bn in 2011.

80%

Retailers’ corporation tax increase since 2005.

£2.40

The amount retailers pay in other taxes for every £1 paid in corporation tax.

1.4%

The increase in number of employees working at retailers since 2011.

11%

The increase to corporation tax from 2005 to 2012.

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