The pie charts compare the sources from which the British government derived tax profits as well as its spending on various fields for the last year, measured in percentages.
Overall, in terms of tax revenue, income tax represented the biggest share, while the highest amount of money was allocated to pensions.
Looking at the details, 28% of total earnings were generated from income tax, compared to National Insurance which was nearly a fifth. However, fuel duty, business rates and council tax contributed merely 5%, which was higher than the figure for corporation tax by a narrow margin (3%). Value added tax also had a significant proportion, with 17%, whereas the remaining 17% was attributed to other factors.
With regard to spending, the UK government allocated the most funds to pensions and health care, followed by welfare (20%, 18%, 17%, respectively). The figure for education was twice as high as that for defense and other spending, with the former accounting for 14%. The least amount of money was dedicated to general government and transport, with only 3% of total income. Finally, the government spent only a fifth of its capital on protection.
