# Where does the NHS budget money come from???

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#1
Hi
So the NHS budget is £109bn this year.

And presumably all of this comes from taxation?

So the average mean salary in the UK is £29,000
So the mean contribution per tax paying person is £1235
There are 30m tax payers in the UK
- these are all from online calculators/etc

so 30m people paying £1235 each = £37bn for the NHS

So where does the rest of the £109bn come from?
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6 years ago
#2
(Original post by olizzzz)
Hi
So the NHS budget is £109bn this year.

And presumably all of this comes from taxation?

So the average mean salary in the UK is £29,000
So the mean contribution per tax paying person is £1235
There are 30m tax payers in the UK
- these are all from online calculators/etc

so 30m people paying £1235 each = £37bn for the NHS

So where does the rest of the £109bn come from?
On £29,000 you pay £3,800 tax + ~£2,500 National Insurance, but that's just individual taxation
The government also earns money from employers NI contributions, VAT, other indirect taxes, capital taxes, corporation taxes, oil taxes, bank levies and business rates.
So there's a fair amount in the pot to play with.
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#3
(Original post by SummerAnthems)
On £29,000 you pay £3,800 tax + ~£2,500 National Insurance, but that's just individual taxation
The government also earns money from employers NI contributions, VAT, other indirect taxes, capital taxes, corporation taxes, oil taxes, bank levies and business rates.
So there's a fair amount in the pot to play with.
Ahh of course so its all one big pot - so does that mean we are actually paying for the other £70bn as well? So we're actually paying like £3700 a year?
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6 years ago
#4
(Original post by olizzzz)
Ahh of course so its all one big pot - so does that mean we are actually paying for the other £70bn as well? So we're actually paying like £3700 a year?
It's difficult to say, there are a large number of income streams for the country as a whole. If you are interested, check out this document which although is a couple of years old, is massively interesting about how our country makes its money:
http://www.ifs.org.uk/bns/bn09.pdf

and there's a couple of good articles online that detail where your income tax is spent if it were divided up:
http://www.bbc.co.uk/news/uk-england-16744819
http://www.telegraph.co.uk/news/poli...efit-bill.html
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6 years ago
#5
(Original post by olizzzz)
Ahh of course so its all one big pot - so does that mean we are actually paying for the other £70bn as well? So we're actually paying like £3700 a year?
Per taxpayer yes something like that (per capita is the more usual measure - see this recent article for some numbers on how it compares internationally).

With the big increase in the numbers of old people happening now and over the next few years, a big increase in funding will be needed to maintain current services.
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#6
(Original post by nexttime)
Per taxpayer yes something like that (per capita is the more usual measure - see this recent article for some numbers on how it compares internationally).

With the big increase in the numbers of old people happening now and over the next few years, a big increase in funding will be needed to maintain current services.
Not if you cure aging
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