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Home > > 2008/09 Rates and Allowances > The Government's Tax Yield and Spend

The Government's Tax Yield and Spend

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