Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Saturday, 19 October 2013

Taxes

Last week the ambassadors were learning about taxes. We were learning about taxes because this week we are going to Wellington to talk to the IRD. The IRD stands for Inland Revenue Department.


We made movies of us interviewing people who know about taxes. Sela and I were partners, so we interviewed Mr Somerville and Heidi. We were asking them questions about taxes and student loans.

We asked Mr S about his student loan:

Taxes Hannah and Sela from Team 4 Pes on Vimeo.

Then we asked Heidi about how taxes pay for our dental clinic:
 
Hannah and Sela with Heidi! from Team 4 Pes on Vimeo.



WHERE DOES THE GOVERNMENT GET ITS MONEY?

The government gets its money from lots of different places. One place is peoples income (or pay). So first the IRD get's its money from peoples pay and then they give it to the government to spend.  Then the government gives it to the hospitals, schools, dentists, the police and other organisations.  Thats one of the processes of Taxes.

GST is another type of tax that takes 15% of what you pay for. It could be clothes, shoes or food. GST stands for Goods and Service Tax.