| United Kingdom Budget | |
| Year: | 2005 |
| Country: | United Kingdom |
| Previous Budget: | 2004 United Kingdom budget |
| Previous Year: | 2004 |
| Next Budget: | 2006 United Kingdom budget |
| Next Year: | 2006 |
| Parliament: | 54th |
| Party: | Labour |
| Chancellor: | Gordon Brown |
| Total Revenue: | £487 billion‡ |
| Total Expenditures: | £519 billion‡ |
| Deficit: | £32 billion‡ |
| Url: | Budget 2005 |
| Below: | ‡Numbers are projections. |
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]
| 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 |
| 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 |