
Finance for Students UK
Mathematics, Business, Life Skills
8th - 12th Grade
CCSS covered
Used 62+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where is the Bank of England
Threadneedle St, London
City Street, London
Peoples Square, West London
Westminster, London
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does HMRC do?
Takes money from the Government and gives it to the people
Takes money from the People and gives it to the Government
Speculates on international money markets
It helps banks save our money
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Interest when considering your finances
It is how much money the HMRC deducts from your salary
It is the money you save buy purchasing online
It is the money you make when winning the lottery
It is what you earn when you save or what you pay if you borrow
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of these is a criminal offence
Not doing what your teacher asks you to do
Trying to use tax laws to reduce what you pay in tax
Trying to evade legislation which governs tax
Not paying tax from your Saturday job
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these are examples of tax avoidance (select all correct answers please!)
Paying the decorator in cash for doing up your house
Saving money in an ISA (Independent Savings Account)
Not declaring all your earnings to the HMRC
Paying lower tax offshore (in another country)
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these are examples of tax evasion (select all correct answers please!)
Paying the decorator in cash for doing up your house
Saving money in an ISA (Independent Savings Account)
Not declaring all your earnings to the HMRC
Paying lower tax offshore (in another country)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Compound Interest
It is what what a Bank charges you when you save money with them and keep your savings and interest with them year after year
It is what what a Bank charges you when you borrow money from them and and do not pay them back
It is what what a Bank pays you when you save money with them and keep your savings and interest with them year after year
It is what what a Bank pays you when you make payments using a debit card
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