Revision Cards
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| VAT or Value Added Tax | A government tax that is added to many of the items that we buy.
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| Cost Price | The price a shop buys in items at before resale.
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| Meter Readings | Present Reading - Previous Reading
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| Income Tax | A tax payed by people who earn a wage/salary.
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| Standard Rate | 20%
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| Higher Rate | 41%
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| Standard rate Cut-Off Point | The point at which a person's income tax switches from standard to higher rate.
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| Tax Credit | An allowance given to a tax payer that reduces their total tax bill.
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| Gross Tax | The total tax that a person pays before reductions are taken from it.
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| Tax Payable | Gross Tax - Tax credits.
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| USC | Universal Social Charge
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| USC | A tax introduced into Ireland on the 1st January 2011
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| PRSI | Pay Related Social Insurance
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| PRSI | A tax used by the government to pay unemployment benefits and old-age pensions.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
smoylett
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