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Level 3 · ages 13–15OECD FLMixed

Taxes in daily life (expanded)

🎯 Goal: Know common taxes (VAT on purchases, income tax) and why taxes keep society running.
When buying, the price often includes value-added tax (VAT). Workers pay income tax. Taxes build schools, hospitals, roads — serving everyone.

Let’s explore

🧾
VAT is a tax added to goods/services; you pay it when buying.
💼
Income tax is a part workers pay from their salary.
🏛️
Taxes help the state build and run public services for everyone.

Practice activity

💬 Next purchase, check the receipt for a "VAT/tax" line and ask parents its meaning.
Worked example: A store receipt shows "VAT 8%". You ask Dad: it is a tax added to the price; this tax money builds schools and roads for everyone.

Quick quiz

1. VAT is?
→ A tax added to goods/services
2. Workers pay?
→ Income tax from salary
3. Item priced 100,000d, VAT 10%, total to pay?
→ 110,000d
4. When buying, you usually?
→ Already pay VAT in the price
5. Taxes help society?
→ Run public services

🎯 Real-life mission

Calculate 10% VAT on something you plan to buy.
Open the interactive app →

‹ Teen small-business basics · Money and social media ›

Rùa Vàng — Financial education for Vietnamese children · Aligned with OECD/INFE
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