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3 Cards in this Set
- Front
- Back
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Types of Taxes
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Income
Corp Capital Gains VAT Inheritance Excise Transport (Car/Fuel) Stamp Insurance Council |
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Reasons for Taxes
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1) Wealth Redistribution
2) Providing Public Goods 3) Developing Economy (job growth) 4) Maintain Stability |
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Personal Taxation
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Progressive
Proportional Regressive Use PAYE CGT is 18% of Gain Inheritance is 0 up until 325K, then 40% after |
