2004 United Kingdom budget

2004 (2004) United Kingdom Budget
Parliament 53rd
Party Labour
Chancellor Gordon Brown
Total revenue £451 billion‡
Total expenditures £485 billion‡
Deficit £34 billion‡
Website Budget 2004

‡Numbers are projections.

‹ 2003
2005 ›

The 2004 United Kingdom Budget, officially known as Opportunity for all: The strength to take the long-term decisions for Britain was the formal government budget for the year 2004.[1]

Details

Tax Revenue

Receipts 2004-05 Revenues (£bn)
Business rates 19
Corporation Tax 33
Council Tax 20
Excise Duties 40
Income Tax 127
NI 78
VAT 74
Other 61
Total Government revenue 452

Spending

Department 2004-05 Expenditure (£bn)
Debt Interest 24
Defense 27
Education 64
Health 82
Housing & Environment 16
Industry, Agriculture, Employment 19
Law & Order 29
Other 44
Personal Social Services 22
Social Security 140
Transport 18
Total Government spending 485

References

  1. ↑ "Budget 2004" (PDF). HM Revenue and Customs. Retrieved 3 October 2017.
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