Personal finance and economic citizenship
I can explain how taxation and public spending affects me.
Personal finance and economic citizenship
I can explain how taxation and public spending affects me.
These resources will be removed by end of Summer Term 2025.
Lesson details
Key learning points
- Money gained through taxation is used by the government (public spending).
- Taxation and public spending affects me and others.
- Personal finances and public spending can be affected positively and negatively by the UK and global economy.
Keywords
Income Tax - Income Tax is tax that you pay on your income.
Common misconception
If people pay different amounts of tax then not everyone contributes the same.
Although the amounts will differ, the proportion of the amount taxed will be the same.
To help you plan your year 11 financial education lesson on: Personal finance and economic citizenship, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your year 11 financial education lesson on: Personal finance and economic citizenship, download all teaching resources for free and adapt to suit your pupils' needs.
The starter quiz will activate and check your pupils' prior knowledge, with versions available both with and without answers in PDF format.
We use learning cycles to break down learning into key concepts or ideas linked to the learning outcome. Each learning cycle features explanations with checks for understanding and practice tasks with feedback. All of this is found in our slide decks, ready for you to download and edit. The practice tasks are also available as printable worksheets and some lessons have additional materials with extra material you might need for teaching the lesson.
The assessment exit quiz will test your pupils' understanding of the key learning points.
Our video is a tool for planning, showing how other teachers might teach the lesson, offering helpful tips, modelled explanations and inspiration for your own delivery in the classroom. Plus, you can set it as homework or revision for pupils and keep their learning on track by sharing an online pupil version of this lesson.
Explore more key stage 4 financial education lessons from the Salaries and long term financial planning unit, dive into the full secondary financial education curriculum, or learn more about lesson planning.
Equipment
Content guidance
- Depiction or discussion of sensitive content
Supervision
Adult supervision recommended
Licence
Starter quiz
6 Questions





