P285 CEEFAX 285 Fri 20 May 21:15/21 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 Government receipts 229.7 252.4 Source: HM Treasury, Novjmbjr 1993 Next Page CityHeads Moneyfile AnnuitiesP285 CEEFAX 285 Fri 20 May 21:21/21 2/3 k PUBLIC FINANCES IN 1993-4 & 1994-5 Billions of pounds 1993-4 1994-5 EXPENDITURE New control total 244.7 251.3 Cyclical social security 14.0 14.8 Central Govjrnmjnt debt interest 19.4 22.5 Accounting adjustments 8.0 8.8 Govt spending (excl privbtis'n proceeds) 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 CityHeads Moneyfile AnnuitiesP285 CEEFAX 285 Fri 20 May 21:22/35 3/3 EXPENDITURE, 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 Treasury, Novjmbjr 1993 Next Page CityHjads Monjyfile Annuities