Sections

Fiscal policy is simply the use of taxation and spending by the Government to alter the behaviour of businesses, workers and consumers.

• Fiscal Policy

Make sure you understand all aspects of fiscal policy by working through the following pages, attempting all of the tasks you come across.

• Taxation
• Direct taxation
• Indirect taxation
• Benefits and Grants

Remember that you should understand how business is affected by the above policies and ways in which business can adapt to them. Try to carry out your own research and build up a folder of real world examples where businesses have been affected by UK Government fiscal policies.