Monday ??

th November 2008
Tax

Lesson Objectives:
To understand what tax is
To be able to summaries how the Government collect tax
To assess how the Government spend the tax they collect

TASK
What do you think the Government spend their money on?
Put these departments in order of most to least money spent
 Read through the handout.
Summarise each of the following points….
What Income
is Tax?Tax
Tax is the governments
Tax onway of raising
Goods money to pay for all of
& Services
the countries essential
Council Tax services.
Tax on Transactions

- Read through the handout.

Summarise each of the following points….
Income Tax
Tax on Goods & Services
Council Tax
Tax on Transactions

Read through the handout.

Summarise each of the following points….
Extension
Income Tax Task
Tax
Re-read the on Goods
sections & Services
on Income Tax and VAT.
Which do you think wouldCouncil Tax tax and which would be
be a direct
Taxanonindirect
Transactions
tax?

Objectives: To understand what tax is. To be able to summaries how the Government
collect tax and to assess how the Government spend the tax they collect
Objectives: To understand what tax is. To be able to summaries how the Government
collect tax and to assess how the Government spend the tax they collect
 Maths geniuses
GOVERNMENT SPENDING
The Government spent £550bn – how
much was spent on: 2005-06
Education? Health?
Defence?
(1% = £5.5 bn)
Social Security
28% Social services
22%
Other expenditure*
10% Health
17%

Housing &
environment
Law and Order 3% Transport
6% 4%
Industry, agriculture &
employment Defence Education
4% 5% 13%
Debt interest
5%

TASK
1. Which of your guesses were near the true amount the government
spends?
2. What areas does the Government spend most money on?
The government spends most money on …
3. What areas does the Government spend least money on?
 TASK: You are the Government… Your budget is £550 billion
Decide how much should be spent on each area?

Transport Roads, railways, public transport

Law and Order Police & Fire Service, Prisons

Social Security Pensions, unemployment, child support

Health Hospitals, doctors, medical research

Housing/Environment Social housing, protecting and

researching about the planet
Defence Protecting the country

Education Primary & secondary schools, universities

Industry/Employment Scientific research, employment

strategies
Debt interest Additional charges on top of borrowed money

Objectives: To understand what tax is. To be able to summaries how the Government
collect tax and to assess how the Government spend the tax they collect