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2005 United Kingdom budget

From Wikipedia, the free encyclopedia

2005 (2005) United Kingdom Budget
Parliament54th
PartyLabour
ChancellorGordon Brown
Total revenue£487 billion‡
Total expenditures£519 billion‡
Deficit£32 billion‡
WebsiteBudget 2005
‡Numbers are projections.
‹ 2004
2006 ›

The 2005 United Kingdom Budget, officially known as Investing for our future: Fairness and opportunity for Britain's hard-working families was the formal government budget for the year 2005.[1]

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Transcription

Details

Tax Revenue

Receipts 2005-06 Revenues (£bn)
Business rates 19
Corporation Tax 44
Council Tax 21
Excise Duties 41
Income Tax 138
NI 83
VAT 76
Other 65
Total Government revenue 487

Spending

Department 2005-06 Expenditure (£bn)
Debt Interest 26
Defence 28
Education 68
Health 90
Housing & Environment 16
Industry, Agriculture, Employment 20
Law & Order 31
Other 49
Personal Social Services 23
Social Security 146
Transport 20
Total Government spending 517

References

  1. ^ "Budget 2005" (PDF). HM Revenue and Customs. Retrieved 3 October 2017.
This page was last edited on 25 May 2023, at 16:36
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