P285 CEEFAX 285 Fri 15 Apr 21:17/42 1/3 PUBLIC FINANCES IN 1993-4 & 1994-5 Billions of pounds 1993-4 1994-5 RECEIPTS Income tax 57.9 64.4 Corporation tax 14.7 17.6 Value added tax 38.7 43.1 Excise duties 24.7 27.1 Other taxes 38.6 41.2 Social security 039.1 42.8 Other receipts 16.1 16.2 General Govjrnmjnt receipts 229.7 252.4 Source: HM Treasury, November 1993 Next Page CityHeads Moneyfile AnnuitiesP285 CEEFAX 285 Fri 15 Apr 21:97/11 I 2/3 PUBLIC FINANCES IN 1993-4 & 1994-5 Billions of pound3 1993-4 1994-5 EXPENDITU5J New control total 244.7 251.3 Cyclical social security 14.0 14.8 Central Govjunmknt debt interest 19.4 22.5 Accounting adjustments 8.0 8.8 Govt spending (excl privbtis'n proceeds) 286.1 297.3 Privates'n proceeds -5.4 -5.5 General Govt spending 280.7 291.8 Source: HM Treasury, November 1993 Next Page CityHjads Monjyfile AnnuitiesP285 CEEFAX 285 Fri 15 Apr 21:14/29 3/3 EXPENDITU5J, RECEIPTS AND BORROWING Billions of pounds 1993-4 1994-5 Govt expenditure 280.7 291.8 Govt receipts 229.7 252.4 Govt borrowing requirement 51.0 39.4 Public corporations' market and overseas borrowing -1.2 -1.5 Public sector borrowing requirement 49.8 37.9 Source: HM Trea3ury, No6jmbju 1995 Next Page CityHjads Monjyfile Annuities