An illustrative example of how to make £30 billion of tax rises and spending cuts in 2019-20
£1.4bn
£0.5bn
£0.6bn
£3.5bn
£9.7bn
£2.0bn
£2.4bn
£5.75bn
£1.2bn
£1.15bn
£2.5bn
Duties
Personal tax increases
Spending cuts
Fuel duty, up 5pts
Alcohol duty, up 5pts
Inheritance tax, up 5pts
Higher rate tax, up 3p
Basic rate tax, up 2p
Pensions
Capital spending
Other resource
spending
Defence
Education
Health
An illustrative example of how to make £30 billion of tax rises and spending cuts in 2019-20
£1.4bn
£0.5bn
£0.6bn
£3.5bn
£9.7bn
£2.0bn
£2.4bn
£5.75bn
£1.2bn
£1.15bn
£2.5bn
Duties
Personal tax increases
Spending cuts
Fuel duty, up 5pts
Alcohol duty, up 5pts
Inheritance tax, up 5pts
Higher rate tax, up 3p
Basic rate tax, up 2p
Pensions
Capital spending
Other resource spending
Defence
Education
Health