Post Utme Uniosun 2025 Commerce Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2025 Commerce Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2025 • COMMERCE • objective

A sole trader is considering expanding their business by hiring employees. However, they are concerned about the potential increase in costs and the impact on their personal tax liability. What type of tax is the sole trader likely to pay on their business profits?

Answer Options

Correct Answer A. Income tax
B. Value-added tax (VAT)
C. Pay-as-you-earn (PAYE)
D. Capital gains tax
Correct Answer
A
Correct Option:
Income tax

About This Question

This is Post Utme Uniosun 2025 Commerce Question 27. It is one of the objective questions from the 2025 Post Utme Uniosun Commerce examination.

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