2006 United Kingdom budget
From Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia
The 2006 United Kingdom Budget, officially known as Budget 2006: A strong and strengthening economy: Investing in Britain's future was formally delivered by Chancellor of the Exchequer Gordon Brown in the House of Commons on 22 March 2006.
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Presented | 22 March 2006 |
---|---|
Parliament | 54th |
Party | Labour |
Chancellor | Gordon Brown |
Total revenue | £516 billion‡[1] |
Total expenditures | £552 billion‡[1] |
Website | archived website |
‡Numbers in italics are projections.
‹ 2005 2007› |
Receipts | 2006-07 Revenues (£bn) |
---|---|
Income Tax | 144 |
National Insurance | 90 |
Value Added Tax (VAT) | 76 |
Corporate Tax | 49 |
Excise duties | 40 |
Council Tax | 22 |
Business rates | 21 |
Other | 74 |
Total Government revenue | 516 |
Department | 2006-07 Expenditure (£bn) |
---|---|
Social protection | 151 |
Health | 96 |
Education | 73 |
Debt interest | 27 |
Defence | 29 |
Public order and safety | 32 |
Personal social services | 26 |
Housing and Environment | 19 |
Transport | 21 |
Industry, agriculture and employment | 21 |
Other | 57 |
Total Government spending | 552 |
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