AQA BUSINESS 7131/1 Paper 1 Study guides, Class notes & Summaries

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 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 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...