Posted by: timdodds | January 24, 2012

Seeing where your tax is spent

A lovely and simple idea from MP for Ipswich, Ben Gummer, that every taxpayer should receive a personal breakdown of how their tax is spent. He’s introducing the measure in Parliament tommorrow as a 10 minute rule bill.

I’d love to show you one of these personal tax statements, but those I’ve seen online are copyrighted. The best version is in today’s Sun newspaper – Where does it all go?  Click on their sample tax receipt to view in all its wonderous glory. Tim Montgomerie suggests that the ‘tax receipt’ could show the previous years figures. This would be a good way of showing changes to government expenditure. 

What an all-round great idea. I’ll be checking on the progress of this idea when it’s debated in Parliament tommorrow.

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