The government's tax yield and spend
David Hancock & Co - Chartered Accountants & Business Advisers, Southampton
David Hancock & Co
David Hancock & Co - Chartered Accountants & professional advisers - tax planning, audits, VAT, payroll, tax returns, business development.
David Hancock & Co
Home
Who we Help
How we Help
Can we Help You
Clients Only
Job Vacancies
Search
Contact Us
Saturday Meetings
Open Day
News
Business Forum
Personal Adviser
Tax Centre
Online Services
Our Services
Calculators
Links
Content Map

ICAEW

This site has been awarded the AOLA Website Award by the Association of Online Accountants

Visitor Register Now

Home > > 2010/11 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