Finance minister remains coy on Budget as Fianna Fail looks to put stamp on it

Finance minister remains coy on Budget as Fianna Fail looks to put stamp on it

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing personal taxation review, highlighting the government's commitment to indexation of bonds and credits. It explores the possibility of a third tax rate, though no decisions have been made. The video also examines the bank levy, considering its extension to non-bank lenders and potential changes in its scope and rate. The final decisions on these matters will be announced on Budget Day.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's commitment regarding personal taxation as discussed in the first section?

Increasing VAT

Indexation of bonds and credits

Reducing corporate tax

Introducing a new tax rate

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the government's approach to reducing the income tax burden?

Reducing VAT

Focusing on credits and bands

Increasing the USC

Introducing new tax rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is being considered in relation to the bank levy as discussed in the third section?

Abolishing it completely

Linking it to profits

Reducing its rate

Extending it to non-bank lenders

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What legislative change is required for extending the bank levy to non-bank lenders?

No change is needed

A change in the basis of the levy

A new tax law

An increase in the levy rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor is NOT considered in the decision-making process for the bank levy?

International agreements

Contribution to the exchequer

Profitability of banks

Public opinion