Money talk
Quiz
•
Other
•
10th - 12th Grade
•
Practice Problem
•
Hard
B Laurin
Used 76+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What does HMRC stand for?
Her Majesty's royal coinage
Her Majesty's revenue and change
Her Majesty's revenue and customs
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
At what age are you given a National Insurance number?
16 yrs
18 yrs
21 yrs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The tax year starts and ends in which month of the year?
January
April
September
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At the end of the tax year, your employer will give you a form which shows your salary and the tax you have paid. What is the name of this form?
P60
P45
P20
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Everyone is allowed to earn some money before they have to pay tax. What is this called?
Basic allowance
Allowed income
Personal Allowance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The tax you pay on the money you earn through your salary or wages, is called ____________ tax
Income
VAT
Stamp Duty
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do the letters PAYE stand for?
Pay a Yearly Earning
Pay as You Earn
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