DWI CPD Test: What's Changed With ISAs Pensions GIAs This Tax Year

1. What is one purpose of an ISA (Individual Savings Account)?

To pay off loans faster

To avoid saving money

To earn tax-free interest

To increase shopping discounts

2. What type of tax benefit do pensions offer?

Free housing

Tax relief on contributions

No savings requirement

Discounted travel fares

3. What should investors consider when choosing between ISAs and pensions?

Color of the card

Tax implications and access

Interest in fashion

Speed of customer service

4. Why should dentists care about tax year changes?

To understand tooth anatomy

To plan better financially

To change dental instruments

To avoid working weekends

5. What does GIA stand for in finance?

Government Income Agreement

General Investment Account

Gross Income Arrangement

Guaranteed Investment Asset