Wikipedia

2002 United Kingdom budget: Difference between revisions

Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
Tags: Reverted Mobile edit Mobile app edit Android app edit
m Reverted 1 edit by ThingsCanOnlyGetWetter (talk) to last revision by Beland
 
(6 intermediate revisions by 5 users not shown)
Line 32:
| below = <sup>‡</sup>Numbers are projections.
}}
The '''2002 United Kingdom Budget''', officially known as '''The strength to make long-term decisions: Investing in an enterprising, fairer Britain''' was the formal government budget for the year 2002.<ref>{{cite web|title=Budget 2002|url=http://webarchive.nationalarchives.gov.uk/+/http:/www.hm-treasury.gov.uk/media/4/1/Budget_2002.pdf|publisher=[[HM Revenue and Customs]]|accessdate=3 October 2017}}</ref>
 
The most significant policy implemented as part of this Budget was the 1% increase in [[National Insurance]] increasecontributions onfor both employees and employers, the proceeds of which went towards an increase in [[National Health Service|NHS]] spending.<ref>{{Cite web|date=2002-04-17|title=Brown unveils tax hike to fund NHS|url=http://www.theguardian.com/politics/2002/apr/17/economy.uk1|access-date=2022-01-19|website=the Guardian|language=en}}</ref>
 
== Details ==
Line 40:
{| class="wikitable sortable"
!Receipts
! style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |2002-03 Revenues (£bn)
|-
|Business rates
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |19
|-
|Corporation Tax
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |33
|-
|Council Tax
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |16
|-
|Excise Duties
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |38
|-
|Income Tax
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |118
|-
|NI
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |65
|-
|VAT
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |64
|-
|Other
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |55
|-
|- class="sortbottom"
| style="text-align: left" data-ve-attributes="{&quot;style&quot;:&quot;text-align: left&quot;}" |'''Total Government revenue'''
! style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |408
|}
 
Line 74:
{| class="wikitable sortable"
!Department
! style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |2002-03 Expenditure (£bn)
|-
|Debt Interest
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |21
|-
|Defense
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |24
|-
|Education
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |54
|-
|Health
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |65
|-
|Housing & Environment
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |20
|-
|Industry, Agriculture, Employment
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |17
|-
|Law & Order
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |24
|-
|Other
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |49
|-
|Personal Social Services
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |15
|-
|Social Security
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |115
|-
|Transport
| style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |14
|-
|- class="sortbottom"
| style="text-align: left" data-ve-attributes="{&quot;style&quot;:&quot;text-align: left&quot;}" |'''Total Government spending'''
! style="text-align: right" data-ve-attributes="{&quot;style&quot;:&quot;text-align: right&quot;}" |418
|}
 
Retrieved from "https://en.wikipedia.org/wiki/2002_United_Kingdom_budget"