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SCOUT· 28%16m·2026-10-26·Money
SCOUT· 28%16m·2026-10-26·MoneyUK Tax System Explained: Where £1.36 Trillion Goes
Mouthy Money: Building wealth with long term investing and saving strategies
The UK government spent £130 billion on debt interest last year, according to the Treasury. That’s more than defence and the police, courts, prisons and fire service put together. Every year HMRC sends you an annual tax summary showing where your income tax and National Insurance went. Debt interest sits fourth on the…
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“£400 billion of that goes on useless and corrupt quangos.”
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