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Activity 1.3 Description: Students will participate in a quiz to assess their understanding about types of taxes in UK and factors affecting tax policies of

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Activity 1.3 Description: Students will participate in a quiz to assess their understanding about types of taxes in UK and factors affecting tax policies of the UK government. 1. Which of the following is not a revenue tax? A. Income tax B. Capital gain tax C. National insurance D. All of the above 2. Which of the following is/are capital taxes? A. Capital gain tax 1 B. Inheritance tax C. Income tax D. Both "A" & "B" 3. Which of the following is a type of indirect taxes? A. Capital gains tax B. National insurance C. Inheritance tax D. Value added tax

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