Taxpayers Get Personal Statement from Budget

Taxpayers Get Personal Statement from Budget

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the introduction of personal tax statements by the government, aiming to increase transparency in how taxes are spent. Public opinions vary, with some appreciating the transparency and online access, while others are concerned about the cost of implementation. Suggestions for simplifying the tax system, such as removing National Insurance, are also discussed. The government hopes that by showing spending on welfare and defense, people will understand the need for budget cuts. The video highlights the impact of taxation on public services, like the Law Center in Rochdale.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common criticism of the government's personal tax statements?

They are only available in print.

They are too expensive to produce.

They are too detailed.

They do not account for indirect taxes.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one advantage of accessing personal tax information online?

It reduces the need for accountants.

It allows for quick access to spending information.

It is easier to understand.

It is more secure.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What concern is raised about the cost of implementing online tax statements?

It may increase taxes.

It may not be user-friendly.

It may not be accurate.

It uses taxpayers' money during a time of national savings.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's goal in making tax and spending more transparent?

To eliminate indirect taxes.

To reduce public services.

To justify spending cuts.

To increase tax rates.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many people will receive personal tax statements in 2014?

10 million

15 million

25 million

20 million