Questions › Chapter 5: The UK government, the law and your role
True or false: In the UK, income tax is paid on money earned from savings, dividends and property.
- ATrueRight answer
- BFalse
Answer: True
Taxable income includes wages, self-employed profits, taxable benefits, pensions, and money from property, savings and dividends. Income tax pays for services like the armed forces, police, roads and education.
From chapter 5 of the handbook, "The UK government, the law and your role", section "Fundamental principles". Practice question 605 of 651, written in our own words.