GOV Finances Flashcards
(8 cards)
1
Q
Budget Deficit (2024-2025)
A
4.8% of GDP
2
Q
National debt
A
95.5% of GDP
3
Q
Bond Yields
A
4.67%
4
Q
Income tax bands are frozen to
A
April 2028
5
Q
National insurance
A
12% down to 8%
6
Q
Corporation Tax
A
19% to 25%
7
Q
VAT
A
20%
8
Q
Gini Coefficient
A
0.357
