Hunt on UK Taxes: `Asking More From Those Who Have More'

Hunt on UK Taxes: `Asking More From Those Who Have More'

Assessment

Interactive Video

Business

University

Hard

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The video addresses the UK's economic challenges, including high inflation and a recession. It outlines a plan to tackle the cost of living crisis and forecasts GDP growth and decline over the next few years. Key tax decisions include reducing the 45 P rate threshold and maintaining current tax-free allowances. Reforms on unearned income involve cutting dividend and capital gains tax allowances.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How will the dividend allowance change in the coming years according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the projected change in the annual exempt amount for capital gains tax?

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