Where does your money go?

By | 4th July 2011

Have you ever wondered what happens when you pay taxes? Ever wonder when it disappears from your pay slip, where exactly it goes? I often do, indeed, I believe citizens have a right to see where it all goes.

This handy flowchart from the Department of Finance gives us an idea of exactly what happens our taxes, and indeed the money we borrow. I will make a clearer digital copy soon.

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