How the tax you pay gets spent.
Below shows how tax on an average annual income of £20,000 will be spent.
These figures are based on 2012/2013 tax levels.
Total tax is £3,579.96
The average tax rate is 18% (18p from every £1 you earn)
The Marginal tax rate is 32%
Estimate how much Income Tax and National Insurance contributions you can
expect to pay on your income and find out how this money is spent by the Government.
There is an app for that.
Source: HM Revenue and Customs
Spending by department
The first few charts are the UK spending by department shown in different formats to help you visualize the information better.
All numbers are in billions of pounds (£).
The years 2013 -2015 are projections.
All figures are from the Office for National Statistics.
Welfare spending breakdown
Below is a breakdown of welfare spending 2011-2012 it shows if the percentage has grown or been cut from the previous year.
Tax Receipts 2012/13
The Yearly deficit (above)drives up the national debt. (Below)
GDP is the total amount of money spent inside of the economy including government spending.
The worrying factor here is that the debt level is money the government goes into debt.
The money the government goes into debt every year is almost as much as the total money spend inside the economy even though it includes government spending.*
*Not all the government spending is inside the economy but that is also a big problem.
Current spending levels
(above) is from 2011 the previous year.
Data provided by the Office for National Statistics
Assistance provided by midnighthiccup and his father