DWI CPD Test: What The Budget Means For Dentists

1. Which tax remained unchanged in the 2024 budget?

Travel tax

Property tax

Luxury goods tax

Income tax rates

2. What is a common way dental practices handle higher costs due to budget changes?

Adjusting service prices or expenses

Closing the practice immediately

Hiring unqualified staff

Avoiding tax payments

3. How does an increase in national insurance impact dental practices?

It increases staff-related costs

It reduces the need for insurance

It lowers business expenses

It does not affect them at all

4. What is one reason governments adjust tax policies in a budget?

To reduce the number of dentists

To increase paperwork for businesses

To manage national finances and economic growth

To encourage people to stop working

5. Why is it important for dentists to stay informed about budget changes?

To change careers if needed

To understand how financial policies affect their practice

To avoid working with patients

To increase personal savings