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Table 6.1: General Government Revenues, 2003/04
| UK £ billion | Scottish estimate, £ billion | Estimated % share of UK |
|---|
Income tax (after tax credits) | 114.0 | 8.3 | 7.3 |
|---|
VAT | 69.1 | 5.7 | 8.2 |
|---|
Social Security contributions | 72.5 | 5.8 | 8.0 |
|---|
Local Authority revenues | 37.4 | 3.2 | 8.7 |
|---|
Corporation Tax (excluding North Sea) | 25.0 | 2.4 | 9.5 |
|---|
All Other revenues 1 | 97.0 | 8.6 | 8.9 |
|---|
Total Receipts 2 | 414.9 | 34.0 | 8.2 |
|---|
Population 2003 (millions) | 59.6 | 5.1 | 8.5 |
|---|
Source: GERS, Scottish Executive
Notes:
1 The figures for the individual items in the table are on a cash basis; an accruals adjustment is included in all other revenues. Includes estimates of all taxes and duties not specified above, plus accounting adjustments and other receipts.
2 Excluding North Sea revenues.
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