| Question 1. |
| When is the end of the tax year? |
| 31st December |
| 31st March |
| 5th April |
|
| Question 2. |
| When is the closing date for submitting a 2005 self-assessment tax return to HM Revenue & Customs, if you do NOT want them to calculate your liability? |
| 31st December 2005 |
| 31st January 2006 |
| 5th April 2005 |
|
| Question 3. |
| What is the personal tax allowance for 2005/2006 for individuals younger than 65? |
| £4,745 |
| £4,895 |
| £4,975 |
|
| Question 4. |
| What is the maximum amount that can be invested into an Individual Savings Account (ISA) for 2005/2006? |
| £3,000 |
| £5,000 |
| £7,000 |
|
| Question 5. |
| What is the last date on which you can submit a claim for working tax credit or child tax credit and still receive the full years entitlement? |
| 5 April |
| 5 July |
| 5 September |
|
| Question 6. |
| If the tax payable by 31st January is still not paid by 28th February, what is the automatic penalty charges by HM Revenue & Customs? |
| 5% of tax outstanding |
| 7.5% of tax outstanding |
| 10% of tax outstanding |
|
| Question 7. |
| What form will your ex-employer give you when you leave their employment? |
| P45 |
| P60 |
| P14 |
|
| Question 8. |
| What is the current standard rate of VAT? |
| 15.5% |
| 17% |
| 17.5% |
|
| Question 9. |
| At what age will a woman born on 17th July 1956 receive her state pension? |
| 55 |
| 60 |
| 65 |
|
| Question 10. |
| If the tax return is not submitted on time, what is the automatic penalty charged? |
| £60, or tax due if less |
| £100, or tax due if less |
| £125, or tax due if less |
|
| Question 11. |
| What is the married couple's allowance for 2005/2006 for someone aged over 75? |
| £5,975 |
| £5,985 |
| £5,995 |
|
| Question 12. |
| When does any tax liability for the year ended 5th April 2005 have to be paid to HM Revenue & Customs? |
| 30th September 2005 |
| 31st January 2006 |
| 28th February 2006 |
|
|
