47881_Budget_2015_Web_Accessible

Chart 1 presents public spending by main function. Total Managed Expenditure is expected to bearound £743 billion in 2015-16.Chart 1: Public sector spending 2015-16Debt interest – £35 billionOther (including EU transactions) – £48 billionPublic order and safety – £34 billionHousing and environment – £28 billionIndustry, agriculture and employment– £24 billionSocial protection – £232 billionDefence – £45 billionEducation – £99 billionPersonal social services – £30 billionTransport – £29 billionHealth – £141 billionSource: Office for Budget Responsibility 2015-16 estimates. Illustrative allocations to functions are based on HMT analysis including capitalconsumption figures from the Office for National Statistics. Figures may not sum due to rounding.Chart 2 shows the different sources of government revenue. Public sector current receipts areexpected to be around £667 billion in 2015-16.Chart 2: Public sector receipts 2015-16Other (non-taxes) – £45 billionOther (taxes) – £62 billionIncome tax – £170 billionCouncil tax – £28 billionBusiness rates – £28 billionVAT – £131 billionNational Insurance – £113 billionCorporation tax – £42 billionExcise duties – £47 billionSource: Office for Budget Responsibility, 2015-16 estimate. Figures may not sum due to rounding.Other (taxes) includes capital taxes, stamp duties, vehicle excise duties and other smaller tax receipts. Other (non-taxes) includes interestand dividends, gross operating surplus and other smaller non-tax receipts.6 Budget 2015