Table 7
Breakdown of Revenues
(Billions of L£)
1996
As Percentage of the 96 Budget
1997
As Percentage of the Budget 97
Percentage change for 96-97
Revenues
4,025
4,100
1.9%
Tax revenues
3,055
75.9%
3,152
76.9%
3.2%
Tax on Income, Profits, and Capital
350
8.7%
375
9.1%
7.1%

Tax on property

440

10.9%

405

9.9%

-8.0%

Internal fees on goods & services
185
4.6%
292
7.1%
57.8%
Fees on trade and int'l exchange
1,800
44.7%
1,800
43.9%
0.0%
Other tax revenues
280
7.0%
280
6.8%
0.0%
Non-tax revenues
740
18.4%
708
17.3%
-4.4%
Revenues from public administrations, institutions, and property
175.7
4.4%
153.5
3.7%
-12.7%
Fees and revenues from administration and sale
218.7
5.4%
249.5
6.1%
14.1%
Penalties, and confiscation
20
0.5%
20
0.5%
0.0%
Others non-tax revenues
326
8.1%
285
7.0%
-12.6%
Revenues from the sale of fixed assets, and settlement of credits
230
5.7%
240
5.9%
4.3%
Revenues from the sale of fixed assets
30
0.7%
15
0.4%
-50.0%
Revenues from the settlement of credits
200
5.0%
225
5.5%
12.5%

Source: Ministry of Finance


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