Taxpayers to be told where their taxes are spent

Taxpayers to be told where their taxes are spent

March 20th 2012 2:41 am

general

With the 2012 Budget a mere few days away, more information about what to expect is leaking out. New plans have been revea ...

1,153 views

With the 2012 Budget a mere few days away, more information about what to expect is leaking out. New plans have been revealed which, starting from 2014, will provide every taxpayer with an individual statement outlining how much tax they paid, a breakdown, as well as where the Government has allocated it be spent. The breakdown itself is in categories such as Health, Welfare, Education etc. You can try our online Tax Calculator which will provide you with a breakdown of your tax today, by heading over to www.uktaxcalculators.co.uk. We have used the PESA (Public Expenditure Statistical Analyses) data to divide central Government spending into percentages and apply that to the total income tax and national insurance due, this will approximate how much of your tax payments are going to each sector of spending. The data has been applied to the main income tax calculator as well as the multiple income tax wizard. Give it a try!

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.