2006 United Kingdom budget explained
United Kingdom Budget |
Year: | 2006 |
Country: | United Kingdom |
Previous Budget: | 2005 United Kingdom budget |
Previous Year: | 2005 |
Next Budget: | 2007 United Kingdom budget |
Next Year: | 2007 |
Presented: | 22 March 2006 |
Parliament: | 54th |
Party: | Labour |
Chancellor: | Gordon Brown |
Total Revenue: | £516 billion‡[1] |
Total Expenditures: | £552 billion‡ |
Url: | archived website |
Below: | ‡Numbers in italics are projections. |
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.
Details
Taxes
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 | |
---|
Spending
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 | |
---|
Notes and References
- Web site: Budget 2006, A strong and strengthening economy: Investing in Britain's future . http://webarchive.nationalarchives.gov.uk/20080910194316/http://www.hm-treasury.gov.uk/media/B/3/bud06_completereport_2320.pdf . dead . 2008-09-10 . . 2016-03-27 .