View source for March 2017 United Kingdom budget

{{Short description|none}}
{{Use dmy dates|date=April 2022}}
{{Infobox Government Budget
| title = United Kingdom budget
| year = 2017
| country = United Kingdom
| previous_budget = 2016 United Kingdom budget
| previous_year =  2016
| next_budget = November 2017 United Kingdom budget
| next_year = November 2017
| image = Royal Coat of Arms of the United Kingdom (HM Government).svg
| imagesize = 200px
| caption =
| submitter =
| submitted_to =
| date_submitted =
| presented = Wednesday 8 March 2017
| passed =
| parliament = [[List of MPs elected in the 2015 United Kingdom general election|56th]]
| party = [[First May ministry|Conservative Party]]
| chancellor = [[Philip Hammond]]
| Total_Revenue = £744 billion
| Total_Expenditures = £802 billion
| spending =
| tax_cut =
| debt_payment =
| surplus =
| deficit = £58 billion (2.9% of GDP)
| debt =
| bill =
| bill_link =
| url = [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/597467/spring_budget_2017_web.pdf]
| below =
}}
The '''March 2017 United Kingdom budget''' was delivered by [[Philip Hammond]], the [[Chancellor of the Exchequer]], to the [[House of Commons of the United Kingdom|House of Commons]] on Wednesday, 8 March 2017. The last budget to be held in the spring until [[2020 United Kingdom budget|2020]], it was Hammond's first as Chancellor of the Exchequer since being appointed to the role in July 2016.<ref>{{cite web|url=https://www.theguardian.com/politics/live/2017/mar/08/budget-2017-philip-hammond-chancellor-spending-tax-brexit-schools-nhs-growth-borrowing-live|title= Budget 2017: Philip Hammond faces row over tax rises for self-employed - as it happened|date=8 March 2017|website=The Guardian|access-date=29 June 2017}}</ref>
==2017&ndash;18 taxes and spending==
===Taxes===
{{Main|Taxation in the United Kingdom}}
{| class="wikitable sortable"
|-
! Receipts
! style="text-align: right" | 2017-2018 revenues (£ billions).<ref>{{citation | last = HM Treasury | author-link = HM Treasury | contribution = Government spending and revenue: Chart 2: Public sector receipts 2016-17 | editor-last = HM Treasury | editor-link = HM Treasury | title = Spring Budget 2017 | url = https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/597467/spring_budget_2017_web.pdf | page = 8 | publisher = [[Office of Public Sector Information|HMSO]] | location = London | isbn =  9781474140973 | postscript = .}}</ref>
|-
| Income Tax
| style="text-align: right" | 175
|-
| Value Added Tax (VAT)
| style="text-align: right" | 143
|-
| National Insurance
| style="text-align: right" | 130
|-
| Corporate Tax
| style="text-align: right" | 52
|-
| Excise duties
| style="text-align: right" | 48
|-
| Council Tax
| style="text-align: right" | 32
|-
| Business rates
| style="text-align: right" | 30
|-
| Other
| style="text-align: right" | 134
|-
|- class="sortbottom"
| style="text-align: left" | '''Total Government revenue'''
! style="text-align: right" | 744
|}
===Spending===
{{Main|Government spending in the United Kingdom}}
{| class="wikitable sortable"
|-
! Department
! style="text-align: right" | 2017-2018 Expenditure (£ billions).<ref>{{citation | last = HM Treasury | author-link = HM Treasury | contribution = Government spending and revenue: Chart 2: Public sector spending 2017-18 | editor-last = HM Treasury | editor-link = HM Treasury | title = Spring Budget 2017 | url = https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/597467/spring_budget_2017_web.pdf | page = 8 | publisher = [[Office of Public Sector Information|HMSO]] | location = London | isbn =  9781474140973 | postscript = .}}</ref>
|-
| Social protection
| style="text-align: right" | 245
|-
| Health
| style="text-align: right" | 149
|-
| Education
| style="text-align: right" | 102
|-
| Defence
| style="text-align: right" | 48
|-
| Debt interest
| style="text-align: right" | 46
|-
| Housing and Environment
| style="text-align: right" | 36
|-
| Transport
| style="text-align: right" | 37
|-
| Public order and safety
| style="text-align: right" | 34
|-
| Personal social services
| style="text-align: right" | 32
|-
| Industry, agriculture and employment
| style="text-align: right" | 23
|-
| Other
| style="text-align: right" | 50
|-
|- class="sortbottom"
| style="text-align: left" | '''Total Government spending'''
! style="text-align: right" | 802
|}
== References ==
{{Reflist}}
{{United Kingdom budget}}
[[Category:March 2017 events in the United Kingdom]]
[[Category:United Kingdom budgets|2017]]
[[Category:2017 in British politics]]
[[Category:2017 government budgets]]
{{UK-gov-stub}}