Tax Rate Quiz
Authored by Callum Parker
Education
University
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the tax rate for the Basic rate band?
10%
20%
30%
40%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At what income does the Higher rate tax band start?
£12,570
£50,271
£125,140
£150,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the tax rate for income over £125,140?
35%
40%
45%
50%
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the taxable income range for the Basic rate band?
Up to £12,570
£12,571 to £50,270
£50,271 to £125,140
Over £125,140
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the standard rate of VAT on goods and services?
5%
10%
15%
20%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For which type of materials is the VAT rate reduced to 5%?
Luxury goods
Energy-saving materials
Electronics
Clothing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the VAT rate for new builds?
Standard rate
Reduced rate
Zero-rated
Increased rate
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Microsoft
or continue with
%20(1).png)
Apple
Others
Already have an account?
