Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Budgeting Across the UK
My Expectations • Listen while the teacher is talking • Listen while other students are talking • Put up your hand if you would like to speak • Be reliable • Respect others at all times • Use appropriate language
Is money important? • http://www.youtube.com/watch?v=qMxX-QOV9tI
Last week… • You all did a really good job on working out your own budgets • This is called a personal budget • What do you think a national budget is?
Tax and the National Budget • Guess how much the UK Government has to spend this year? £700,000,000,000!!!!!!!!! (that’s 700 Billion pounds!)
Public Spending and Taxes • The Government is in charge of public spending… • We pay for it through taxes… • Business Tax • Income Tax • Value Added Tax (VAT) • Council Tax
5 Groups…. • Your group: • NHS • Education • Defence (the army etc.) • Welfare (Benefits etc.) • Pensions
On the paper.. • Discuss how important your service is in the UK and what percentage of the total budget should be spent on you.
What do you think? • Healthcare • Welfare • Education • Defence • Pensions = 100%?