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Tax

Money everyone pays towards the things we all share.

Three ways to explain it

Hatchlings · Ages 5–6

Money grown-ups pay so we can all have things like hospitals, schools and parks.

Fledglings · Ages 7–8

A part of what people earn or spend that goes to the government, to pay for things everyone uses.

High Flyers · Ages 9–10

A compulsory payment to the government, taken from earnings, spending and other things. It funds what no single person could pay for alone.

Where to go next

We’re writing a full topic about this one. In the meantime, explore Money World.

All Money Words