In fiscal 2026 the Office of Budget Responsibilty estimates that central government revenue will be £1,157.3 billion and that local authority revenue for 2026 will be £71.7 billion.

Total public revenue in the United Kingdom is estimated to be £1,229.0 billion in 2026.

UK Public Revenue: the Big Picture

The biggest tax bite is from indirect taxes like VAT and excise taxes.

Table 3.02: Total Revenue Breakdown

In 2026 it is expected that income tax will collect £458.9 billion, National Insurance collections will amount to £200.6 billion, indirect taxes will amount to £442.3 billion, and Business revenue will be £124.8 billion.

Government Revenue: the Details

Almost all public revenue is collected by the central government.

Table 3.03: Total Revenue Details

The three big sources of revenue for the UK central government in 2026 will be income tax at £458.9 billion, national insurance at £200.6 billion and indirect taxes at £392.1 billion, for a total of £1,229.0 billion.

We estimate local authorities will collect about £50.2 billion in council tax in FY 2026 and £19.6 billion in other revenue, for a total of £71.7 billion.

Pie Chart of Total UK Public Revenue

Indirect taxes are the biggest bite of UK taxes, at 37 percent of total revenue.

Chart 3.04: Total Revenue Details

Total UK public revenue will amount to £1,229.0 billion in 2026. Of this 37 percent will be in income taxes, 16 percent in national insurance contributions, 36 percent in indirect taxes, and 10 percent in business and other revenue.

Pie Chart of UK Local Authority Revenue

Indirect taxes are the biggest bite of local taxes, at 68 percent of total revenue.

Chart 3.06: Total Revenue Details

Total local authority public revenue will amount to £71.7 billion in 2026. Of this 70 percent is in indirect taxes, and 27 percent is in business and other revenue.

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Data Sources for 2026:

GDP: OBR EFO supp. economy tables
Revenue: OBR March 2018 Economic and fiscal outlook – charts and tables: fiscal
Debt: OBR Public Finances Databank

> revenue data sources for other years

UK Revenue and Deficit Forecast -- March 2026

On March 11, 2026 we updated UK revenue forecast data for 2025-26 to 2030-31 from the Office of Budget Responsibility's March 2025 Economic and fiscal outlook report in a zip file labeled "March 2026 Economic and fiscal outlook - charts and tables (zip file)" and a spreadsheet file named "efo-march-2026-charts-and-tables-annex-tables.xlsx" and Table A.5: Current Receipts in tab "TA.5".

**UK Government Revenue Forecast**
2025-26 Forecast	March 2025 £ billion	March 2026 £ billion
Central Government	£1,157.6	£1,071.1
Local Authorities	£71.4	£67.9
Total UK Revenue	£1,229.0	£1,139.0

On March 11, 2026 we updated UK deficit forecast data for 2025-2065 to 2030-31 from the Office of Budget Responsibility's March 2026 Economic and fiscal outlook report Table 6.5 Components of Net Borrowing in tab "6.5" in a zip file labeled "March 2026 Economic and fiscal outlook - detailed forecast tables: aggregates" and a spreadsheet file named "efo-march-2026-detailed-forecast-tables-aggregates.xlsx".