Study guides, Class notes & Summaries
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AQA BUSINESS 7131/1 Paper 1 (3 VERSIONS) Merged June 2023
- Exam (elaborations) • 61 pages • 2024
-
- $37.79
- + learn more
AQA BUSINESS 7131/1 Paper 1 (3 VERSIONS) 
Merged June 2023 
 
how new business ideas come about - -adapting an existing idea 
-creating an original idea 
risk - -lack of financial security 
-financial loss 
-business failure 
reward - -profit 
-Independence 
-business success 
VAT- value added tax - tax on value of sales of a business if they make more than certain amount 
of profit 
Income tax - tax on the income earned by workers and soletraders 
corporation tax - A tax on limited companies p...
-
AQA BUSINESS 7131/1 Paper 1 (3 VERSIONS) Merged June 2023
- Exam (elaborations) • 61 pages • 2024
-
- $39.39
- + learn more
AQA BUSINESS 7131/1 Paper 1 (3 VERSIONS) 
Merged June 2023 
 
how new business ideas come about - -adapting an existing idea 
-creating an original idea 
risk - -lack of financial security 
-financial loss 
-business failure 
reward - -profit 
-Independence 
-business success 
VAT- value added tax - tax on value of sales of a business if they make more than certain amount 
of profit 
Income tax - tax on the income earned by workers and soletraders 
corporation tax - A tax on limited companies p...
-
AQA BUSINESS 7131/1 Paper 1 (3 VERSIONS) Merged June 2023
- Exam (elaborations) • 61 pages • 2024
-
- $38.49
- + learn more
AQA BUSINESS 7131/1 Paper 1 (3 VERSIONS) 
Merged June 2023 
 
how new business ideas come about - -adapting an existing idea 
-creating an original idea 
risk - -lack of financial security 
-financial loss 
-business failure 
reward - -profit 
-Independence 
-business success 
VAT- value added tax - tax on value of sales of a business if they make more than certain amount 
of profit 
Income tax - tax on the income earned by workers and soletraders 
corporation tax - A tax on limited companies p...
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