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2004 United Kingdom budget

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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.

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

"Budget 2004" (PDF). HM Treasury. Retrieved 3 October 2017.

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