2005 United Kingdom budget

Last updated

2005 (2005) United Kingdom Budget
Royal Coat of Arms of the United Kingdom (HM Government).svg
Parliament 54th
Party Labour
Chancellor Gordon Brown
Total revenue£487 billion
Total expenditures£519 billion
Deficit £32 billion
Website Budget 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]

Contents

Details

Tax Revenue

Receipts2005-06 Revenues (£bn)
Business rates19
Corporation Tax44
Council Tax21
Excise Duties41
Income Tax138
NI83
VAT76
Other65
Total Government revenue487

Spending

Department2005-06 Expenditure (£bn)
Debt Interest26
Defence28
Education68
Health90
Housing & Environment16
Industry, Agriculture, Employment20
Law & Order31
Other49
Personal Social Services23
Social Security146
Transport20
Total Government spending517

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References

  1. "Budget 2005" (PDF). HM Revenue and Customs . Retrieved 3 October 2017.