All amounts are in £bn
Bank of England’s asset purchase facility
Usage as of end 20/10/2020: 92%
Source: datasets YWWB9Y8 and YWWB9T9
Cashflow & debt
| Month | Money IN | Money IN as % of Money OUT | Money OUT | Balance | Debt |
|---|---|---|---|---|---|
| 2020/05 | 24 | 35% | 68 | (44) | 1,941 |
| 2020/06 | 33 | 54% | 61 | (28) | 1,977 |
| 2020/07 | 51 | 69% | 74 | (23) | 1,997 |
| 2020/08 | 42 | 58% | 72 | (30) | 2,027 |
| 2020/09 | 45 | 55% | 81 | (36) | 2,060 |
Data sources
| Money IN | Office for National Statistics series MIZX HMRC tax receipts and National Insurance contributions for the UK |
| Money OUT | Calculated by adding ‘Money IN’ + ‘Balance’ |
| Balance | Office for National Statistics series DZLS |
| Debt | Office for National Statistics series HF6W |
Budget 2020-21
Income 2020-21
| Description | Amount £bn Total: 873 | % of total receipts |
|---|---|---|
| Income tax | 208 | 24% |
| VAT | 161 | 18% |
| National insurance contributions | 150 | 17% |
| Other taxes | 91 | 10% |
| Other non-taxes | 87 | 10% |
| Corporation tax | 58 | 7% |
| Excise duties | 48 | 5% |
| Council tax | 38 | 4% |
| Business rates | 32 | 4% |
Outgoings 2020-21
| Description | Amount £bn Total: 928 | % of total spending |
|---|---|---|
| Social protection | 285 | 31% |
| Health | 178 | 19% |
| Education | 116 | 13% |
| Other (including EU transactions) | 58 | 6% |
| Debt interest | 56 | 6% |
| Defence | 55 | 6% |
| Transport | 44 | 5% |
| Public order and safety | 38 | 4% |
| Personal social services | 36 | 4% |
| Housing and environment | 32 | 3% |
| Industry, agriculture and employment | 30 | 3% |
Data sources
The numbers for the above 2x tables were obtained from HM Treasury’s Budget 2020. The data used in the 2x tables above can be downloaded here.
Last updated: 21/10/2020
