March 2015 United Kingdom budget
# March 2015 United Kingdom budget

The 2015 United Kingdom budget was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on Wednesday, 18 March 2015.

It was the sixth and final budget of the Conservative–Liberal Democrat coalition government formed after the 2010 general election, and also the sixth to be delivered by Osborne.

After the UK general election a second 2015 budget to be presented by Chancellor George Osborne was announced for 8 July 2015.

## Taxes

| Receipts | 2015-16 Revenues (£bn) |
| - | - |
| Income Tax | 170 |
| National Insurance | 113 |
| Value Added Tax (VAT) | 131 |
| Corporate Tax | 42 |
| Excise duties | 47 |
| Council Tax | 28 |
| Business rates | 28 |
| Other | 107 |
| Total Government revenue | 667 |

## Spending

| Department | 2015-16 Expenditure (£bn) |
| - | - |
| Social protection | 232 |
| Health | 141 |
| Education | 99 |
| Debt interest | 35 |
| Defence | 45 |
| Public order and safety | 34 |
| Personal social services | 30 |
| Housing and Environment | 28 |
| Transport | 29 |
| Industry, agriculture and employment | 24 |
| Other | 48 |
| Total Government spending | 743 |

## Supply-side reform

Supply-side measures included digital infrastructure investment, transport, energy and environment and the sharing economy.

