🌍 BIGGER FINANCIAL WORLD · LESSON 1

What Is Tax?

Tax is money collected by the government to help pay for things the country needs.

Things tax helps pay for

Shared services

🏫
Schools
🏥
Hospitals
🛣️
Roads
👮
Police
🚑
Emergency services
🌳
Parks & public facilities

Governments collect money in different ways, and tax is one of the main ways.

Tax on what you earn

Tax on income

You earn$100
Some amount may go to tax−?
You receive the rest$?

When adults earn money from working, some of that income may be paid as tax. We're keeping this simple — no tax brackets or exact rates here.

Tax on what you buy

Tax on spending

Tax can also be included in the price of things people buy. In New Zealand, this is called GST — a tax added to most goods and services. It's already included in the price you see on the shelf, rather than added on separately at the till.

Not just "taken away"

Tax helps pay for shared services and infrastructure that people use every day — it isn't simply money disappearing.

Try it yourself

Where does it go?

You buy something for $20. Part of the price may be tax. Where do you think that tax ultimately goes?

It goes toward things like roads, schools, hospitals, and other services the whole community uses — even things you might not personally use every day.

For parents

This is just an introduction to taxation — your child doesn't need to understand the New Zealand tax system in detail. Focus on everyday examples and the idea of contributing towards shared services.

Keep going

Where to next

More on income, expenses and where money comes from.

Ready to keep learning?

Next lesson → Browse all lessons