https://padlet.com/18cflynn_acc/rvr65sn00r7x Made by Charlie Flynn en-us 2018-12-21 10:22:44 UTC 2018-12-21 10:57:47 UTC hello@padlet.com 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316369394 Just like individuals or a household, the government have to get money from somewhere. In this presentation I will discuss the sources of Income and Expenditure for the government.]]> 2018-12-21 10:23:56 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316369394 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316370186 All taxes are sources of revenue (income) for the government. These taxes include, V.A.T.(Value Added Tax is a tax on goods), Corporation tax(Tax on a companies profits), P.A.Y.E.(Pay As You Earn is a tax on someones income) etc.]]> 2018-12-21 10:31:16 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316370186 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316370688 The government have to pay departments for our benefit. These departments include, Social Protection(Child benefit, Pensions etc), Education etc.]]> 2018-12-21 10:37:00 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316370688 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316371202 Budgets are a written document on planned income and expenditure. At the moment the Irish government have a budget Surplus.]]> 2018-12-21 10:41:21 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316371202 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316371521 A budget surplus happens when total Income is greater than total Expenditure.]]> 2018-12-21 10:44:05 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316371521 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316371657 A budget deficit happens when total Income is less than total Expenditure.]]> 2018-12-21 10:45:35 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316371657 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316372286 Sometimes the government may have to get a loan off another EU(European Union) country. If this happens they will need to repay with interest.]]> 2018-12-21 10:51:20 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316372286 18cflynn_acc https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316372610 The Irish government has a budget surplus for the first time in many years. As they have extra money, the government may consider paying of EU loans.]]> 2018-12-21 10:54:19 UTC https://padlet.com/18cflynn_acc/rvr65sn00r7x/wish/316372610