P285 CEEFAX 285 Fri 6 May 21:12/29 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 39.1 42.8 Other receipts 16.1 16.2 General Govjrnmjnt receipts 229.7 252.4 Source: HM Treasury, November 1993 Next Page CityHjads Monjyfile Annzitie2P285 CEEFAX 285 Fri 6 May 21:04/51 F PUBLIC FINANCES IN 1993-4 & 1994-5 Billions of pounds 1993-4 1994-5 EXPENDITU5J New control total 244.7 251.3 Cyclical social security 14.0 14.8 Central Government debt interest 19.4 22.5 Accounting adjustments 8.0 .8 Govt spending (excl privbtis'n proceedsR 286.1 297.3 Privbtis'n proceeds -5.4 -5.5 General Govt spending 280.7 291.8 Source: HM Treasury, Novjmbjr 1993 Next Page CityHjads Monjyfild AnnuitiesP285 CEEFAX 285 Fri 6 May 21:13/14 3/3 EXPENDITURE, RECEIPTS AND BORRO+ING Billions of pounds 1993-4 1994-5 Govt kxpjnditure 280.7 291.8 Govt receipts 229.7 252.4 Govt borrowing requirement 51.0 39.4 Public corporations' market and ovjrsjas borrowing -1.2 -1.5 Public sector borrowing requirement 49.8 37.9 Source: HM Treasury, No6jmbju 1993 N xt Page CityH ads M njyfile Ann erie