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When was Sugar tax introduced ?
May 2018
What is another name for Sugar Sweetened Drinks Tax?
Sugar Tax
What do they use the money from the Carbon Tax on?
Environment and Climate Change Projects
What type of industries does Carbon Tax affect?
Agriculture and Motor Vehicle Industry
What type of factors does your Motor Tax depend on?
Size of Engine, Co2 emissions, age of car
What is the name of the Tax on your Savings?
DIRT
True/False: Interest is an extra amount added to your account as a reward for saving money
True
Name the 4 types of financial Institutions
Post Office, Bank, Credit Union & Building Society
What is the name of the Tax introduced in 2011
USC
What is Self Assessment Tax?
Tax on people who work for themselves
What is another name for Income tax in Ireland
PAYE
What does LPT mean
Local Property Tax
True/False: Excise Duty is a tax on all goods and services
False
What is the name of the tax on goods we buy from outside the EU
Customs duty
What is the name of the tax paid by the consumers on good and services
VAT
What is Capital Gains Tax
When you sell something of value that you own e.g. Company shares
What is the name of the tax on the value of any gifts you receive from a person who is still alive
Gift Tax
What is indirect Tax also known as
Regressive Tax
What are the two rates of income tax?
20% and 40%
True/False : Direct Tax refers to tax based on your income
True
What is the name of the agency responsible for the collection of all taxes
Revenue Commissioners
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