The Government expect to receive £575 billion (2007/08 - £550 billion) .
The receipts are estimated to be received as follows:
| |
£ billion |
| Income tax |
155 |
| National insurance |
105 |
| VAT |
84 |
| Corporation tax |
51 |
| Fuel duties |
26 |
| Stamp duties |
13 |
| Business rates |
24 |
| Council tax |
25 |
| Other taxes, royalties etc |
92 |
| Total |
575 |
The Government expect to spend £618 billion (2007/08 - £586 billion). The expenditure is estimated to be spent as follows:
|
£ billion |
Social protection |
169 |
Health |
111 |
Education |
82 |
Defence |
23 |
Housing & environment |
33 |
Industry, agriculture, employment & training |
22 |
Personal social services |
27 |
Transport |
21 |
Public order & safety |
33 |
Debt interest |
31 |
Other |
66 |
Total |
618 |
|
