Finance · Guided Practice

Other Taxes

4 questions with answers. Try each one before revealing the answer.

1
A washing machine is sold for £432\displaystyle \pounds 432, including VAT at 20%\displaystyle 20\%.
Calculate the price before VAT was added.
Video solution coming soon
2
A tradesperson charges £640\displaystyle \pounds 640 for a job, before VAT.
VAT is charged at 20%\displaystyle 20\%.
Calculate the total the customer pays.
Video solution coming soon
3
The annual council tax for a Band C property is £1428\displaystyle \pounds 1428.
A single occupant receives a 25%\displaystyle 25\% discount.
Calculate the annual amount payable.
Video solution coming soon
4
The annual council tax for a property is £1560\displaystyle \pounds 1560, paid in 10\displaystyle 10 equal monthly instalments.
Calculate each monthly instalment.
Video solution coming soon