3 Intro to Income Tax Flashcards

1
Q

3 types of income

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

difference between net income and taxable

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

explain personal allowance rules for earning over 100k

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

explain how computing income tax liability is cumulative

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

explain income tax liability on non-savings income

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

explain income tax liability on non-savings and savings income

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

explain income tax liability on dividend income

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

explain gift aid tax scheme

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

explain marriage allowance

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly