Welcome to Session 3 - you're making great progress through this Unit!

When it comes to running your own business, it is really important to know about the subject of taxation. We'll take a look at this subject during this Session.

Taxation in the United Kingdom relates to the tax we pay on money we earn (our income) and also the goods / services we buy. The money we pay in tax usually goes to HM Revenue and Customs (part of the central government) or to local councils.

Okay, lets learn more about taxation - move on to page 2 to get started!