The government's tax yield and spend
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 |