Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
Types of Taxes
|
Income
Corp Capital Gains VAT Inheritance Excise Transport (Car/Fuel) Stamp Insurance Council |
|
Reasons for Taxes
|
1) Wealth Redistribution
2) Providing Public Goods 3) Developing Economy (job growth) 4) Maintain Stability |
|
Personal Taxation
|
Progressive
Proportional Regressive Use PAYE CGT is 18% of Gain Inheritance is 0 up until 325K, then 40% after |