The ATO is revealing how your tax dollars are being spent. This is how you can find out.
- Did you know the Australian taxation office lets you see exactly where every dollar of your taxes are spent? If you log into your myGov account, you'll see a message in your inbox from the ATO, titled information about your income tax return. You can then find your personalized breakdown of where your tax dollars are spent with the income tax receipt. The receipt will break down where your money has been spent, including how much went to welfare payments, defense, health, education, and even interest on government debt.