DWI CPD Test: CPD Course - Dentists Who Invest

Quiz

1. What is a limited company?

A type of personal savings account

A business structure where the company is a separate legal entity

A government investment program

A retirement savings plan

2. What is a SIPP (Self-Invested Personal Pension)?

A type of business loan

A government-subsidized pension

A pension where the individual controls how the money is invested

A savings account for students

3. Can money be invested through a limited company?

Yes, but only in real estate

Yes, it can be invested in stocks, bonds, and other assets

No, limited companies can only save money

No, it can only be used for operational expenses

4. How can a limited company contribute to a pension?

By giving money directly to the government

Through personal pension accounts only

By making employer pension contributions into an individual’s SIPP

By investing in property

5. Why is it important to seek professional advice when making financial decisions with a limited company?

Because the tax rules are simple and easy to understand

Because there are many complex regulations and tax implications

Because financial decisions don’t affect the company’s future

Because anyone can easily manage the company finances without guidance

DENTISTS WHO INVEST LIMITED IS A LIMITED COMPANY, REGISTERED IN ENGLAND AND WALES