More cards in this set

Card 6

Front

What is the VAT rate in the UK?

Back

Preview of the front of card 6

Card 7

Front

Who pays income tax?

Back

Preview of the front of card 7

Card 8

Front

What are business earnings?

Back

Preview of the front of card 8

Card 9

Front

Why do sole traders have to pay income tax?

Back

Preview of the front of card 9

Card 10

Front

What do sole traders or private limited companies have to do if they employ any workers?

Back

Preview of the front of card 10

Card 11

Front

What does HMR&C stand for?

Back

Preview of the front of card 11

Card 12

Front

What does NIC stand for?

Back

Preview of the front of card 12

Card 13

Front

What do employers pay NICs for?

Back

Preview of the front of card 13

Card 14

Front

What do employers deduct NICs from?

Back

Preview of the front of card 14

Card 15

Front

Other than employers, who must pay NICs?

Back

Preview of the front of card 15
View more cards