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Government has sustainable finances

Performance against income forecasts (£ million)

Current Value

£1,028

2022

Definition

What is this about?

This indicator tracks actual government income (solid line) against forecast income (dotted line). The indicator is presented in constant 2020 values to allow comparisons over time that take into account the effect of inflation.

 

In 2020, the government income was £30 million below forecast. General Revenues income mainly arises from Income Tax revenue, GST and Impots and Stamp Duty.