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How much of our pay goes to the government? Lesson 3 of 6

GCSE • Finance & The Economy • Core Curriculum

How much of our pay goes to the government?

This lesson is part 3 of a sequence of 6 lessons addressing the key enquiry: What has the UK economy got to do with me?

In this lesson, students find out about pay and taxation. They learn to recognise the key features of payslips and understand terminology such as ‘gross pay’, ‘net pay’ and ‘deductions’. They then learn how Income Tax and National Insurance contributions are calculated and calculate the deductions on earnings. Finally, they consider whether they think the UK’s tax system is fair.

Students will work towards answering the following questions:
  1. What information is found on a payslip?
  2. How is Income Tax calculated?
  3. How are National Insurance contributions calculated?
  4. Is the current system of Income Tax and National Insurance fair?


Return the the scheme of work overview

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