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Table 6.1: General Government Revenues, 2004/05
| UK
£ billion | Scottish estimate,
£ billion | Estimated %
share of UK |
|---|
Income tax (after tax credits) | 122.9 | 8.9 | 7.3 |
|---|
VAT | 73.0 | 5.9 | 8.1 |
|---|
Social Security contributions | 78.1 | 6.5 | 8.3 |
|---|
Local Authority revenues | 38.9 | 3.4 | 8.8 |
|---|
Corporation Tax (excluding North Sea) | 29.7 | 2.4 | 8.1 All |
|---|
Other revenues 1 | 104.7 | 9.3 | 8.8 |
|---|
Total Receipts 2 | 447.4 | 36.4 | 8.1 |
|---|
| Population 2004 (millions) | 59.8 | 5.1 | 8.5 |
|---|
Source: GERS, Scottish Executive
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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