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2003 United Kingdom budget

From Wikipedia, the free encyclopedia

2003 (2003) United Kingdom Budget
Parliament53rd
PartyLabour
ChancellorGordon Brown
Total revenue£423 billion‡
Total expenditures£460 billion‡
Deficit£37 billion‡
WebsiteBudget 2003
‡Numbers are projections.
‹ 2002
2004›

The 2003 United Kingdom Budget, officially known as Opportunity for all: The strength to take the long-term decisions for Britain was the formal government budget for the year 2003.[1]

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Transcription

Details

Tax Revenue

Receipts 2003-04 Revenues (£bn)
Business rates 19
Corporation Tax 29
Council Tax 18
Excise Duties 38
Income Tax 119
NI 73
VAT 69
Other 58
Total Government revenue 423

Spending

Department 2003-04 Expenditure (£bn)
Debt Interest 22
Defense 27
Education 59
Health 73
Housing & Environment 20
Industry, Agriculture, Employment 17
Law & Order 29
Other 46
Personal Social Services 17
Social Security 135
Transport 16
Total Government spending 461

References

  1. ^ "Budget 2003" (PDF). HM Revenue and Customs. Archived from the original (PDF) on 1 July 2007. Retrieved 3 October 2017.
This page was last edited on 18 April 2024, at 20:34
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