Public finance and taxation
Business Studies · Grade 10 · about 40 minutes
What public finance is and why it matters, the sources of government money, and the meaning, importance and principles of taxation.
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- 6 sections of explanation, worked examples and diagrams
- 1 practice task with hints and worked answers
- A quiz that marks itself as you go
- Your progress kept across every subject you take
Other lessons in this sub-strand
- Public finance and taxation
- Sources of public finance
- Public spending and the budget cycle
- Why governments tax
- The principles of a good tax
- Direct taxes in Kenya
- Indirect taxes and how VAT works
- Exempt, zero rated, and who is relieved from tax
- Who really carries the tax
- Tax compliance, customs duties, and the ethics of tax
- Types of customs duty
- Trends in taxation, and writing about them