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Business English Exercises
 

Money Matters (4)

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 16
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There is one date you mustn't forget and that's the deadline for sending in details of your earnings to the tax office.

Correct answer: (b) deadline

Meaning of "deadline"
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If you are self-employed, you must make sure that you fill out the form indicating how much you have earned.

Correct answer: (c) fill out

Meaning of "fill out"
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If the department agrees that you have paid too much tax in the year, you will receive a refund in due course.

Correct answer: (d) refund

Meaning of "refund"
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Each month when you receive your pay, the employer withholds a certain amount to pay towards your pension.

Correct answer: (a) withholds

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501 Business English Exercises — Printable, photocopiable.
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When you take out a loan, you have to pay interest on the amount you owe.

Correct answer: (c) owe

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In the tax office there will be a file that holds all the documents and papers connected with you.

Correct answer: (a) file

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There is quite a heavy financial penalty attached to any action that involves late payment of taxes.

Correct answer: (d) penalty

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Under the new regulations you can agree yourself to calculate the tax you have to pay on the income over the previous year.

Correct answer: (b) calculate

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As the couple had a joint account, the money to pay the mortgage was taken from there.

Correct answer: (a) joint

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You can decide, if you so wish, to give up your right to take your pension at an earlier date.

Correct answer: (b) give up

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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