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Lesson details

Key learning points

  1. In this lesson, we will learn about how income tax in the UK is calculated and used.

Licence

This content is made available by Oak National Academy Limited and its partners and licensed under Oak’s terms & conditions (Collection 1), except where otherwise stated.

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5 Questions

Q1.
If a person earned £30,000, they would pay no income tax.
Correct answer: False
True
Q2.
In the UK (as of July 2020), you can earn £12,500 and pay no income tax.
False
Correct answer: True
Q3.
If I earned £9,000 per year, how much would I pay in income tax?
Correct answer: £0
£1,800
£3,600
£4,050
Q4.
If an individual earned £35,000 a year, how much income tax would they pay?
£0
£14,000
Correct answer: £4,500
£7,000
Q5.
If an individual earned £130,000 a year, how much income tax would they pay?
Correct answer: £39,500
£42,000
£60,000
£67,500