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Topic 02 · Financial year 2024/25

Where the UK's £64.5bn a month comes from

Collected

£64.5bn

£774bn a year

Spent

£77.3bn

every month

Borrowed to fill the gap

£12.8bn

≈36% of GDP

exact ONS/HMRC/MHCLG/PSS fields
  • Income Tax£23.3bn
  • National Insurance£14bn
  • VAT£14bn
  • Corporation Tax£7.3bn
  • Fuel Duty£2.1bn

Per household

£2,150

30.0 million households

Per person

£947

68.1 million

Per adult

£1,181

54.6 million adults (18+)

exact ONS/HMRC/MHCLG/PSS fields

Receipts of £64.5bn against £77.3bn of spending — see where it is spent.

Source link check

All source links for UK tax receipts live on one page, where you can re-check every publisher and api.gov.uk catalogue link in a single click.

Open source link check

Live receipts data from the sources

Fetching the latest ONS public sector finances…

Fetched from the ONS Statistics API (api.beta.ons.gov.uk), listed in the UK Government API Catalogue, covering the Public Sector Finances (PUSF) monthly release. Hover a tile for the series definition, click through for the raw series.