2003 United Kingdom budget

The 2003 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 2003.[1]

2003 (2003) United Kingdom Budget
Parliament53rd
PartyLabour
ChancellorGordon Brown
Total revenue£423 billion‡
Total expenditures£460 billion‡
Deficit£37 billion‡
WebsiteBudget 2003
‡Numbers are projections.
‹ 2002
2004 ›

Details

Tax Revenue
Receipts 2005-06 Revenues (£bn)
Business rates 19
Corporation Tax 29
Council Tax 18
Excise Duties 38
Income Tax 119
NI 73
VAT 69
Other 58
Total Government revenue 423

Spending
Department 2005-06 Expenditure (£bn)
Debt Interest 22
Defense 27
Education 59
Health 73
Housing & Environment 20
Industry, Agriculture, Employment 17
Law & Order 29
Other 46
Personal Social Services 17
Social Security 135
Transport 16
Total Government spending 461

References
  1. "Budget 2003" (PDF). HM Revenue and Customs. Archived from the original (PDF) on 1 July 2007. Retrieved 3 October 2017.
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