A business purchases a solar-powered generator for its premises. The total invoice amount is £1,650, which includes a green technology indirect tax of 10% levied on the pre-tax price of the generator.
The total amount of indirect tax paid on this purchase is:
£165.00
£1,485.00
£150.00
£1,500.00
22 exam-style questions on Edexcel A A Level Economics 1.2.9 Indirect taxes and subsidies. Each one has a worked solution and a mark scheme showing where the marks go.