The government's tax yield and spend
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Home > > Tax rates and allowances > The government's tax yield and spend - 18 December 2008 The government's tax yield and spend

The government's tax yield and spend - 18 December 2008

The government's tax yield and spend

The government's tax yield and spend - 18 December 2008

The Government expect to receive £496 billion. The receipts are estimated as follows:

  2010/11 2009/10
    April 2009
    £ billion
Income tax   140
National insurance   98
VAT   64
Corporation tax   45
Excise duties   44
Business rates   24
Council tax   25
Other taxes, royalties etc   66
Total   496

The Government expect to spend £671 billion. The expenditure is budgeted as follows:

  £ billion £ billion
Social protection 189 173
Health 119 111
Education 88 83
Defence 38 36
Housing & environment 29 24
Industry, agriculture, employment & training 20 19
Personal social services 31 27
Transport 23 21
Public order & safety 35 33
Debt interest 28 34
Other 71 62
Total 671 623

 

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