The industry’s companies and staff paid 11.6 per cent of the country’s tax, while making up 3.8 per cent of the workforce.
The level of tax is flat on a year ago, though the percentage has fallen from 12.6 per cent.
This is due to a cut in corporation tax as well as reduced profits at several big companies, the study by PwC for the City of London Corporation shows.
The sector’s contribution remains below the £67.8bn it paid in 2007.
Banks stumped up £1.6bn for this year’s new bank levy, as the one-off bank bonus tax fell out of the figures.
Mark Boleat, chairman at the City of London Corporation, said the figures show the UK cannot take the industry for granted: “As Europe’s financial capital, it is vital that we engage in the ongoing banking union discussions and make a clear case for maintaining the integrity of the single market.”
Around £23.8bn of this year’s bill came from corporate taxes, with the remaining £39.2bn borne by customers and staff in levies such as VAT and national insurance.