WorksheetsGRD 08 REVISION QUIZ
Total questions: 21
Worksheet time: 33mins
which department is allocated the highest budget amount?
(a)
IDENTIFY THE LOWEST BUDGET PERCENTAGE FROM THE BUDGET
(a)
Who is responsible for setting the budget of South Africa?
minister of finance
minister of education
the president
SARS
This is money that the government puts aside for unforeseen
events and other urgent needs, such as natural disasters, epidemics
and economic downturns.
BUDGET
EMERGENCY FUND
TAX
GRANT
The government collects its revenue(income) from?
SARS
TAXES
JSE
BUDGET
IDENTIFY three services to which the government allocates money
in the National Budget.
HEALTH
EDUCATION
AGRICULTURE
BANKS
Who is the minister of finance in South Africa?
(a)
What does "SARS" stand for
(a)
Which institution/organisation is responsible for collecting tax in South Africa
SARS
SARB
JSE
ABSA
What does VAT stand for
(a)
Taxes that people pay directly to the government, such as
income tax and business tax
(a)
Taxes that people pay indirectly to the government, ✔ for example
via a business or service provider,
(a)
identify examples of indirect tax
VAT
SIN TAX
INCOME TAX
FUEL TAX
TRANSPORT TAX
IDENTIFY EXAMPLES OF DIRECT TAX
VAT
INCOME TAX
SIN TAX
BUSINESS TAX
FUEL TAX
When a customer buys at shoprite, spar, boxer and other business, the customer is paying ........... indirectly to the government through that shop
SIN TAX
VAT
SARS
FUEL
When a customer buys petrol or oil in a filling station, which kind of tax is charged on the customer`s money?
VAT
SIN
FUEL
TRANSPORT TAX
VAT is levied at a standard rate of ......% on the supply of goods and services by registered vendors IN South Africa
15
14
50
100
Tax levied on vehicles, ships and aircraft using public roads, rivers, and airports maintained by the government.
fuel
sin tax
VAT
Transport tax
Which picture represent Sin Tax
which picture represents transport tax
which picture represent VAT
