WorksheetsPayroll Theory 2019
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
How is Gross Tax calculated, if a person's taxable income DOES NOT reach their Cut Off Point?
a)
Multiply their taxable pay by the standard rate of tax
b)
Multiply their Cut Off Point by the standard rate of tax
c)
Subtract their Cut Off Point from their taxable pay and multiply the result by the higher rate of tax
d)
Multiply their taxable pay by the higher rate of tax
2.
What are the two rates of tax in 2019?
a)
10% and 30%
b)
15% and 35%
c)
20% and 40%
d)
35% and 65%
3.
What does ROS stand for?
a)
Riomhaire ón Stát
b)
Revenue Online Service
c)
Rates on Screen
d)
Rules and Statements
4.
When does the Tax Year begin
a)
April 6th
b)
July 1st
c)
January 1st
d)
March 25th
5.
In 2019, what were the four rates of USC?
a)
1%, 2%, 4%, 8%
b)
0.5%, 2.5%, 4.75%, 10%
c)
0.5%, 2%, 4.5%, 8%
d)
1%, 2%, 4.75%, 10%
100 %
