Britain Needs Us — Independent

Section 02 — Every Penny In. Every Penny Out.

Every Penny In.
Every Penny Out.

The government presents spending in aggregate billions. We present it as a company board would: revenue, expenditure, deficit, and every line item translated into what it costs you — per citizen and per household, per month.

(Actually it's 47 taxes. We've found them all.)

Total Revenue 2025/26 (prov.)

£1,189bn

£3,442/mo per household

Total Expenditure 2025/26 (prov.)

£1,321bn

£3,824/mo per household

Net Deficit

−£132bn

£20bn lower than 2024/25

Per Household Tax · YoY Change

▲ +£177/mo

£2,124/yr more in 2026/27

🚨 Budget 2025 — the headline they didn't lead with

You'll pay £177 a month MORE in 2026/27 than 2025/26.

That's £2,124 a year. Per household. Every household. No vote. No debate.

See where every penny goes → Calculate yours →

All figures £bn · Sources: HM Treasury PESA Jul 2025 · ONS PSF · OBR

● REVENUE LINE ● EXPENDITURE LINE ● PER CITIZEN (£/MONTH) ● PER HOUSEHOLD (£/MONTH) ● YOY VARIANCE

DIRECTVisible, named tax — you see it on your payslip or bill HIDDENPassed on through prices — you pay it without seeing it STEALTHThreshold freeze or fiscal drag — a tax rise never called one

#	Tax	Type	2025/26 £bn	2026/27 £bn	2025/26 £/HH/mo	2026/27 £/HH/mo	YoY £/mo	Source
Group 1 — Income & Employment
1	Income Tax	DIRECT	£329.4bn	£348.0bn	£950/mo	£1,000/mo	▲ +£50/mo	HMRC Apr 2026
2	Employee NI	DIRECT	£176.4bn	£180.6bn	£510/mo	£519/mo	▲ +£9/mo	HMRC Apr 2026
3	Employer NI	STEALTH	£119.0bn	£124.5bn	£344/mo	£357/mo	▲ +£13/mo	OBR EFO Nov 2025
4	Self-Employed NI	DIRECT	£8.5bn	£8.8bn	£25/mo	£25/mo	— £0/mo	HMRC
5	Apprenticeship Levy	HIDDEN	£4.0bn	£4.2bn	£12/mo	£12/mo	— £0/mo	HMRC
Group 1 Subtotal							▲ +£72/mo
Group 2 — Spending & Excise
6	VAT	DIRECT	£180.3bn	£190.1bn	£520/mo	£546/mo	▲ +£26/mo	HMRC Apr 2026
7	Fuel Duty	STEALTH	£24.7bn	£25.6bn	£71/mo	£74/mo	▲ +£3/mo	HMRC
8	VAT on Fuel (tax on tax)	HIDDEN	£4.9bn	£5.1bn	£14/mo	£15/mo	▲ +£1/mo	HMRC/OBR
9	Alcohol Duty	STEALTH	£12.4bn	£12.9bn	£36/mo	£37/mo	▲ +£1/mo	HMRC
10	Tobacco Duty	STEALTH	£9.6bn	£10.8bn	£28/mo	£31/mo	▲ +£3/mo	HMRC
11	Vaping Products Duty (NEW)	STEALTH	£0bn	£0.5bn	£0/mo	£1/mo	▲ +£1/mo	OBR EFO Nov 2025
12	Soft Drinks Levy	HIDDEN	£0.5bn	£0.6bn	£1/mo	£2/mo	▲ +£1/mo	HMRC
13	Plastic Packaging Tax	HIDDEN	£0.3bn	£0.3bn	£1/mo	£1/mo	— £0/mo	HMRC
14	Customs / Import Duties	HIDDEN	£5.0bn	£5.2bn	£14/mo	£15/mo	▲ +£1/mo	HMRC
15	Insurance Premium Tax	HIDDEN	£8.6bn	£9.1bn	£25/mo	£26/mo	▲ +£1/mo	HMRC
Group 2 Subtotal							▲ +£37/mo
Group 3 — Property, Land & Wealth
16	Council Tax	DIRECT	£46.8bn	£49.7bn	£135/mo	£143/mo	▲ +£8/mo	MHCLG Mar 2026
17	Business Rates	HIDDEN	£28.6bn	£29.4bn	£83/mo	£85/mo	▲ +£2/mo	VOA 2026
18	SDLT	DIRECT	£14.7bn	£16.2bn	£42/mo	£47/mo	▲ +£5/mo	HMRC
19	Stamp Duty (shares)	DIRECT	£5.3bn	£5.5bn	£15/mo	£16/mo	▲ +£1/mo	HMRC
20	Inheritance Tax	STEALTH	£8.5bn	£9.0bn	£25/mo	£26/mo	▲ +£1/mo	HMRC
21	Capital Gains Tax	DIRECT	£16.8bn	£18.4bn	£49/mo	£53/mo	▲ +£4/mo	HMRC
22	ATED	DIRECT	£0.1bn	£0.1bn	£0/mo	£0/mo	— £0/mo	HMRC
23	LTT (Wales)	DIRECT	£0.4bn	£0.4bn	£1/mo	£1/mo	— £0/mo	Welsh Revenue Authority
24	LBTT (Scotland)	DIRECT	£0.9bn	£1.0bn	£3/mo	£3/mo	— £0/mo	Revenue Scotland
25	Domestic Rates (NI)	DIRECT	£0.7bn	£0.7bn	£2/mo	£2/mo	— £0/mo	Land & Property Services NI
Group 3 Subtotal							▲ +£21/mo
Group 4 — Investment Income
26	Dividend Tax	DIRECT	£18.6bn	£21.0bn	£54/mo	£60/mo	▲ +£6/mo	HMRC
27	Tax on Savings Interest	DIRECT	£6.8bn	£7.4bn	£20/mo	£21/mo	▲ +£1/mo	HMRC
28	Property Income Tax	DIRECT	£8.2bn	£8.7bn	£24/mo	£25/mo	▲ +£1/mo	HMRC
29	Trust & Estate Tax	DIRECT	£1.4bn	£1.5bn	£4/mo	£4/mo	— £0/mo	HMRC
Group 4 Subtotal							▲ +£8/mo
Group 5 — Motoring & Transport
30	Vehicle Excise Duty	DIRECT	£8.7bn	£9.0bn	£25/mo	£26/mo	▲ +£1/mo	DVLA/HMRC
31	Air Passenger Duty	DIRECT	£4.3bn	£4.6bn	£12/mo	£13/mo	▲ +£1/mo	HMRC
32	EV Pay-Per-Mile (new 2027)	STEALTH	£0bn	£0bn	£0/mo	£0/mo	— £0/mo	OBR forecast
33	Congestion Charge	DIRECT	£0.3bn	£0.4bn	£1/mo	£1/mo	— £0/mo	TfL
34	ULEZ + Clean Air Zones	DIRECT	£0.6bn	£0.6bn	£2/mo	£2/mo	— £0/mo	TfL/local authorities
35	Bridge & tunnel tolls	DIRECT	£0.2bn	£0.2bn	£1/mo	£1/mo	— £0/mo	Highways England
Group 5 Subtotal							▲ +£2/mo
Group 6 — Business Taxes via Prices
36	Corporation Tax	HIDDEN	£95.4bn	£98.7bn	£276/mo	£284/mo	▲ +£8/mo	HMRC Apr 2026
37	Bank Surcharge + Levy	HIDDEN	£4.8bn	£5.0bn	£14/mo	£14/mo	— £0/mo	HMRC
38	Diverted Profits + DST	HIDDEN	£1.4bn	£1.5bn	£4/mo	£4/mo	— £0/mo	HMRC
39	Petroleum + EPL	HIDDEN	£3.5bn	£2.8bn	£10/mo	£8/mo	▼ −£2/mo	HMRC/OBR
40	Pillar 2 Top-up Tax	HIDDEN	£2.1bn	£2.5bn	£6/mo	£7/mo	▲ +£1/mo	OBR EFO Nov 2025
Group 6 Subtotal							▲ +£7/mo
Group 7 — Environmental & Sin
41	Climate Change Levy + CPF	HIDDEN	£2.0bn	£1.9bn	£6/mo	£5/mo	▼ −£1/mo	HMRC/Ofgem
42	Landfill Tax + Aggregates	HIDDEN	£0.6bn	£0.6bn	£2/mo	£2/mo	— £0/mo	HMRC
43	Energy Bill Levies	STEALTH	£4.5bn	£3.8bn	£13/mo	£11/mo	▼ −£2/mo	Ofgem Q2 2026
Group 7 Subtotal							▼ −£3/mo
Group 8 — Government Charges
44	TV Licence	DIRECT	£3.84bn	£3.95bn	£11/mo	£11/mo	— £0/mo	BBC/DCMS
45	Betting & Gaming Duties	STEALTH	£4.0bn	£5.0bn	£12/mo	£14/mo	▲ +£2/mo	HMRC
46	MOT, DVLA, passports, court fees	DIRECT	£1.8bn	£1.9bn	£5/mo	£5/mo	— £0/mo	HM Treasury
47	Fiscal Drag	STEALTH	£30.0bn	£37.5bn	£87/mo	£108/mo	▲ +£21/mo	OBR EFO Nov 2025
Group 8 Subtotal							▲ +£23/mo

All 47 UK Taxes — Household Impact 2026/27

Total HMRC receipts 2025/26	£919bn
Total HMRC receipts 2026/27	£952bn
Total public-sector receipts 2025/26	£1,189bn
Total public-sector receipts 2026/27	£1,247bn
YoY change per household per month	▲ +£177/mo

Sources: HMRC monthly bulletin Apr 2026 · OBR EFO Nov 2025 · ONS PSF Apr 2026 · MHCLG Mar 2026 · Ofgem Q2 2026 cap. 2025/26 figures provisional (*).

Expenditure — What Government Spends

Line Item	2024/25 £bn	2025/26 £bn	2026/27 £bn	2025/26 £/HH/mo	2026/27 £/HH/mo	YoY £/mo
Social Protection	£317.4bn	£356.2bn	—	£1,023/mo	—	▲ +£113/mo
NHS & Health	£197.4bn	£224.4bn	—	£645/mo	—	▲ +£78/mo
Education	£116.1bn	£127.3bn	—	£366/mo	—	▲ +£32/mo
Debt Interest	£84.8bn	£117.8bn	—	£338/mo	—	▲ +£95/mo
Defence	£54.0bn	£64.6bn	—	£186/mo	—	▲ +£30/mo
Home Office & Justice	£35.1bn	£38.6bn	—	£111/mo	—	▲ +£10/mo
Transport	£30.6bn	£33.0bn	—	£95/mo	—	▲ +£7/mo
International Aid (ODA)	£13.8bn	£9.8bn	—	£28/mo	—	▼ −£12/mo
Ukraine Support	£3.0bn	£4.5bn	—	£13/mo	—	▲ +£4/mo
Housing & Communities	£11.0bn	£12.1bn	—	£35/mo	—	▲ +£3/mo
Local Government	—	£46.4bn	—	£133/mo	—	—
Public Sector Pensions	—	£44.7bn	—	£128/mo	—	—
EU exit residual	—	£2.6bn	—	£7/mo	—	—
Other Departments	£165.8bn	£180.7bn	—	£519/mo	—	▲ +£43/mo
Total Expenditure	£1,284.0bn	£1,321bn*	—	£3,824/mo	—	▲ +£383/mo
Net Deficit 2025/26 (prov.)		−£132bn	—	−£382/HH/mo	—

The story in one sentence: Spending per household is rising £127/month, but taxes are rising £177/month — the additional £50/month is going on debt interest and reducing the deficit.

Year-on-year variance · 2025/26 → 2026/27

+£58bn

Revenue increase (HMRC + public sector)

+£177/mo

Tax increase per household

£2,124/yr

More per household in 2026/27

Stealth Mechanism	How It Works	Prior Year Actual £bn	This Year Actual £bn	YoY Change	Per Citizen £/mo	Per HH £/mo
Income Tax Threshold Freeze (Fiscal Drag)	Wages rise, thresholds stay frozen — more income taxed at higher rates without a vote	~£20.0bn	~£25.0bn	+£5.0bn	£31	£73
Fuel Duty Freeze (inverted stealth)	Real-terms increase as inflation erodes freeze value	£24.8bn	£25.1bn	+£0.3bn	£31	£73
Inheritance Tax Threshold Freeze	£325k threshold unchanged since 2009 — rising house prices drag more estates in	£7.1bn	£7.5bn	+£0.4bn	£9	£22
Council Tax Yearly Rises (above inflation)	Average band D rose 5% in 2024/25 — never debated in Parliament	£38.2bn	£41.9bn	+£3.7bn	£51	£122
Alcohol Duty Escalator	Linked to RPI inflation — rises automatically each year without a specific vote	£12.4bn	£12.8bn	+£0.4bn	£16	£37
Tobacco Duty Escalator (RPI+2%)	Automatic annual increase above inflation — never a standalone vote	£9.6bn	£10.0bn	+£0.4bn	£12	£29
Insurance Premium Tax (12% rate)	Introduced at 2.5% in 1994, now 12%. Paid invisibly within every insurance premium	£7.2bn	£7.9bn	+£0.7bn	£10	£23
Employers NI Rise (passed to workers)	NI employer rate raised to 15% from Apr 2025. Economists forecast wages suppressed by equivalent amount	£119.0bn	£131.0bn	+£12.0bn	£161	£380
Total Stealth Tax Burden (identifiable)		~£238bn	~£261bn	+£23bn	£320	£758

Professional Data Access

Every Penny In.
Every Penny Out.

You'll pay £177 a month MORE in 2026/27 than 2025/26.

All 47 UK Taxes — Household Impact 2026/27

WHERE YOUR £3,319/MONTH WENT — 2024/25

Professional Data Access

Every Penny In.Every Penny Out.

You'll pay £177 a month MORE in 2026/27 than 2025/26.

All 47 UK Taxes — Household Impact 2026/27

WHERE YOUR £3,319/MONTH WENT — 2024/25

Every Penny In.
Every Penny Out.