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Definitions - Statistics
General Stats
- This quiz has been taken 1 time
- The average score is 4 of 9
Answer Stats
| Answer | % Correct | |
|---|---|---|
| What do you do to get a grossed up value | 100/80 | 100%
|
| What is personal allowance qualifying figure determined from? | Adjusted net income | 100%
|
| What might you need to gross up? | gifts of assets to charity and personal pension contributions | 100%
|
| Effective rate of tax | total income tax - National insurance contributions / total income | 100%
|
| Disposable income | Income received - income tax and national insurance contributions | 0%
|
| Adjusted net income | Net income - gross gift aid donations - personal pension contributions | 0%
|
| Marginal rate of tax | tax rate that will apply to the next £1 of additional income received | 0%
|
| Adjusted total income | Total income + Payroll giving - Gross personal pension contributions | 0%
|
| net taxable earnings | total taxable earnings - total allowable deductions | 0%
|
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