Taxes

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Income tax
tax on income
1 of 6
National insurance contributions
workers pay this on their wages.
2 of 6
Corporation tax
tax that limited companies pay on profit
3 of 6
VAT
tax on spending
4 of 6
Excise duties
tax on goods that harm. e.g. petrol, alcohol, cigerettes
5 of 6
Business rates
tax paid on property used
6 of 6

Other cards in this set

Card 2

Front

workers pay this on their wages.

Back

National insurance contributions

Card 3

Front

tax that limited companies pay on profit

Back

Preview of the back of card 3

Card 4

Front

tax on spending

Back

Preview of the back of card 4

Card 5

Front

tax on goods that harm. e.g. petrol, alcohol, cigerettes

Back

Preview of the back of card 5
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