TRAILER: ""PAY AS YOU EARN"" - INCOME TAX

TRAILER: ""PAY AS YOU EARN"" - INCOME TAX

Assessment

Interactive Video

History

KG - University

Hard

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The video tutorial begins with a scenario at the door, leading into an explanation of the importance of the Pay As You Earn (PAYE) system. It details the allowances available for families, including amounts for married couples, children, and dependent relatives. The tutorial also covers how to verify and correct tax codes, advising viewers to contact the Inspector of Taxes or an income tax official if discrepancies are found.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial reaction of the family when someone knocks at the door?

They ignore it completely.

They immediately call the police.

They eagerly rush to open it.

They are hesitant and unsure.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the annual allowance for a married couple under the 'pay as you earn' system?

£140

£200

£250

£100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much allowance is provided for each child during their education?

£50

£40

£30

£60

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do if you suspect your tax code is incorrect?

Ask a friend for advice.

Ignore it and hope it gets corrected.

Wait until the next tax year.

Inform the Inspector of Taxes immediately.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where can you see an income tax official if your employer handles tax arrangements?

At the nearest post office.

At your place of employment.

At a friend's house.

At the local library.