Income Tax In The UK - The Basics

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10 Questions - Developed by: Witchpants - Developed on: - 3.363 taken

How much do you know about income tax? Take the test to find out:)

  • 1
    Which of these does not count as taxable income?
    Earning from employment
    Rental income
    Earning from self-employment
    Income from shares
    Premium bonds wins
  • 2
    Which of these do you NOT have to pay tax on in a job/business?
    Company cars or vans
    Living accommodation
    Business expenses you paid for
    Medical insurance
    Fuel provided for your vehicle
  • 3
    What does PAYE stand for?
    Pay As You Earn
    Pay After You Eat
    Punch A Yellow Engine
    Primary Alternative Young Educator
    Pick A Young Elephant
  • 4
    When do you stop paying National Insurance?
    Retirement age
  • 5
    How much was Blind Persons Relief in April 2010?
    £2140 a year
    £1240 a year
    £2390 a year
    £1890 a year
    £2000 a year
  • 6
    What is the basic Personal Allowance this year?
  • 7
    How much is basic Child Maintenance out of the non-resident parents weekly net income?
  • 8
    What does VAT stand for?
    Value Admission Trusts
    Violets And Trees
    Vending Admission Talks
    Vivid Aquamarine Televisions
    Value Added Tax
  • 9
    How much road tax would you pay on an Audi Q7 with a 3.0 TDI Clean Diesel Quattro (8 speed) 5d Tip Auto for 12 months?
  • 10
    If you are in band A and live in England how much council tax will you pay?
    Up to £68,000
    Up to £88,000
    Up to £120,000
    Up to £40,000
    Up to £52,000

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