Unit 9: Taxes I

Accountant counting on an abacus
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Basic activities (computer-graded)
Vocabulary Builder Activity

Students should be familiar with the following vocabulary before continuing on to the activities and exercises:

  • Anti-avoidance legislation
  • Capital gains tax
  • Chief executive officer
  • Consumption tax
  • Corporation tax
  • Defer
  • Liquidate
  • Minimize
  • Non-inventory asset
  • Obliged to
  • Offset
  • PAYE
  • Tax credit
  • Taxable earnings
Reading Comprehension: Taxes: Part One

Tax accountants are paid to help file and minimize their client's liabilities. This includes income tax, capital gains tax, consumption tax, and property tax.

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