Government accounts

[james_tigerwoods]

I'm (partially) intrigued to see income, expenditure and assets of the Government, so is there somewhere where I can see or get hold of Government accounts?

[jesusbuiltmycar]

No. Brown removed this from the bank of england and has hidden the figures in the treasury....

I heard that the UK now has the worlds largest budget deficit (after the US.)

[james_tigerwoods]

jesusbuiltmycar said:

No. Brown removed this from the bank of england and has hidden the figures in the treasury....

Really? Surely we should be able to access this under the freedom of information act somehow - the Royals do it, Public companies have to do it, so why can't our Government who are answerable (!) to us publish details of how much money they take from us and how it's spent?

jesusbuiltmycar said:

I heard that the UK now has the worlds largest budget deficit (after the US.)

Really??

[BoRED S2upid]

Is there anywhere that shows the debt of each country? like a world table of the best and worst with their cash?. I can imagine Switzerland would be up the top along with the oil rich countries.

[Caruso]

From the 2008 Budget Report.

Govt Expenditure:
£161bn Benefits
£104bn Health
£77bn Education
£33bn Public Order
£32bn Defence
£30bn Debt Interest
£130bn Everything Else
Total £587bn

Government Income:
£157bn Income Tax
£95bn National Insurance
£80bn VAT
£50bn Corporation Tax
£41bn Excise Duties (drink,fags, petrol etc)
£23bn Council Tax
£22bn Business Rates
£84bn Other
Total £553bn

[8Ace]

Micawber said:

Bugger

Edited by 8Ace on Monday 13th October 14:18

[james_tigerwoods]

Caruso said:

From the 2008 Budget Report.

Govt Expenditure:
£161bn Benefits
£104bn Health
£77bn Education
£33bn Public Order
£32bn Defence
£30bn Debt Interest
£130bn Everything Else
Total £587bn

Government Income:
£157bn Income Tax
£95bn National Insurance
£80bn VAT
£50bn Corporation Tax
£41bn Excise Duties (drink,fags, petrol etc)
£23bn Council Tax
£22bn Business Rates
£84bn Other
Total £553bn

£161bn on Benefits??

I'd like to know what "£130bn Everything Else" breaks down to though.

[Simpo Two]

james_tigerwoods said:

I'd like to know what "£130bn Everything Else" breaks down to though.

Waste?

[Caruso]

james_tigerwoods said:

£161bn on Benefits??

Smarts a little, doesn't it.

[2something]

Benefits = Income tax

whichever way I look at it, that's just not good.

[Olf]

And it's only going to go up.

Next years accounts...

Massive liabilities taken on for the banks and for guaranteeing deposits.

Massive reduction in income tax take.

Massive increase in benefits exposure.

We're fooked.

[ninja-lewis]

james_tigerwoods said:

Caruso said:

From the 2008 Budget Report.

Govt Expenditure:
£161bn Benefits
£104bn Health
£77bn Education
£33bn Public Order
£32bn Defence
£30bn Debt Interest
£130bn Everything Else
Total £587bn

Government Income:
£157bn Income Tax
£95bn National Insurance
£80bn VAT
£50bn Corporation Tax
£41bn Excise Duties (drink,fags, petrol etc)
£23bn Council Tax
£22bn Business Rates
£84bn Other
Total £553bn

£161bn on Benefits??

I'd like to know what "£130bn Everything Else" breaks down to though.

At a glance from what's not already listed, it includes transport, housing, industry and agriculture support, public sector pensions, overseas aid and sport (i.e. Olympics) to name a few.

Those figures are bit out of date now though. Treasury site gives figures of £618bn to £575bn for the current year.

[Huntsman]

Caruso said:

james_tigerwoods said:

£161bn on Benefits??

Smarts a little, doesn't it.

A big chunk of that 161Bn must be old age pensions right?

[o.versteer]

2something said:

Benefits = Income tax

whichever way I look at it, that's just not good.

I have next to no understanding of this sort of thing at a high level, but the above is what I thought as well when I saw the figures. I'm genuinely not sure whether that's a sign of a highly advanced welfare state or a sure-fire indicator that this country is f*cked.

[a boardman]

Huntsman said:

Caruso said:

james_tigerwoods said:

£161bn on Benefits??

Smarts a little, doesn't it.

A big chunk of that 161Bn must be old age pensions right?

for government staff on wage related pensions.

[SleeperCell]

BoRED S2upid said:

Is there anywhere that shows the debt of each country? like a world table of the best and worst with their cash?. I can imagine Switzerland would be up the top along with the oil rich countries.

Well it's not bang up to date, but gives you an idea
https://www.cia.gov/library/publications/the-world...

[ninja-lewis]

a boardman said:

Huntsman said:

Caruso said:

james_tigerwoods said:

£161bn on Benefits??

Smarts a little, doesn't it.

A big chunk of that 161Bn must be old age pensions right?

for government staff on wage related pensions.

AFAIK, public sector pensions are a seperate line in the accounts. Social Security only includes the basic State pension as funded by NI.

[rhinochopig]

Huntsman said:

Caruso said:

james_tigerwoods said:

£161bn on Benefits??

Smarts a little, doesn't it.

A big chunk of that 161Bn must be old age pensions right?

Yes, but I'd be interested to see just what the pension liability figure is.

[anonymous-user]

i'd like to see the defence and benefits entries swapped over.

would also like to see the governments accounts too

[james_tigerwoods]

rhinochopig said:

Yes, but I'd be interested to see just what the pension liability figure is.

Pick a really high number.





Double it.