Expenditure incurred for the normal functioning of the government departments and various other services such as interest charges on debt incurred by the government.
Spending on the day to day running expenses of the Authority and Force (eg salaries and wages).
in a general sense, expenditure on recurring items including the running of services and capital financing. A particular definition of 'revenue expenditure' is that derived from Gross Revenue Expenditure by deducting spending met by grants outside aggregate external finance (AEF) (including rent allowance grant, mandatory student awards grant and community charge benefit grant) and income from licence fees etc. Alternatively, it is derived from net current expenditure by adding net capital charges, capital expenditure charged to the revenue account and non-current items (mainly gross expenditure on community charge benefit).
"An expenditure related to repair, maintenance, and operation of a long-term asset, recorded by a debit to an expense account."
Expenditure which is not capital expenditure.
An expenditure that should appear on the current income statement as an expense and be deducted from the period's revenues because it does not provide a material benefit in future periods.
General running cost e.g. salaries, rates, fuel etc.
The expenditure on all items which are not shown on the balance sheet i.e. wages and stationery
Spending on resources needed for the day to day running of any part of the service, as opposed to capital expenditure.
Revenue expenditure is charged to the profit and loss account. It is expenditure that is incurred (1) for the purpose of the trade of the business (e.g. selling costs, administration costs) or (2) to maintain the existing earning capacity of fixed assets
Expenditure that will benefit only the current accounting period
is for the normal running of the government's department and various services, interest charged on debt incurred by government, subsidies, etc. Broadly speaking, expenditure that does not result in the creation of assets is treated as revenue expenditure. All grants given to State governments and other parties are also treated as revenue expenditure, even though some of the grants may be for creation of assets.
in a general sense, expenditure on recurring items including the running of services and capital financing. A particular definition of revenue expenditure is that derived from gross revenue expenditure by deducting spending met by grants outside AEF (including rent allowance grant, mandatory student awards grant and council tax benefit grant). ( See section 3.1.1)