Unit Award Scheme

122677 TAX FACTS

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	what the term 'tax' means	Summary sheet and/or student completed work
2	what HMRC (His Majesty's Revenue and Customs) is	Summary sheet and/or student completed work
3	the key characteristics of the hidden economy	Summary sheet and/or student completed work
4	the key tax implications for a person being employed	Summary sheet and/or student completed work
5	the key tax implications for a person being self-employed	Summary sheet and/or student completed work
6	the three main considerations to have when starting their own business.	Summary sheet and/or student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 10 December 2024Level - Level One