課文聽力文本 UnitBriefing on Taxation and Insurance Policies

1、Unit 5 Briefing on Taxation and Insurance PoliciesPart I  Getting readyExercise B. Keys:SentencesKey wordsAnswersa8000/half4000b2000/twice4000c2000/double4000d8000/a quarter2000e4000/similiar4000Tapescript:a. We expected about eight thousand, but it was half of that. b. We estimated about

2、two thousand, but it's twice as much as that. c. Her salary is about two thousand, and his is about double that. d. We thought about eight thousand, but it's not more than a quarter of that. e. We thouht about four thousand, and it's similiar to that.Exercise C. Keys:Dialogue one:1. $300

3、00; 24% 2. overdraft 3. sailingDialogue two:1. A brand new video was stolen.2. Yes. The speaker paid the premium last week.Dialogue three:SimilaritiesDifferencesMan AMan Bb. mortgagec. incomeb. saving moneyc. entertaininga. pension schemesb. insuranceTapescript:Dialogue one:A: About 24% of my income

4、 goes in tax, which is quite low - I don't know how they manage in places where tax rates are higher. I have a good job - I suppose I earn about thirty grand with bonuses, but I wouldn't say that we were well-off. We can't afford to run two cars. The cost of living is very high here. B:

5、Does your wife work? A: She does at the moment. We're trying to clear our overdraft, and there isn't a lot left over. We do spend a lot on food, but then we are a big family - it's difficult to economize. We spend very little on holidays, we usually go camping, which the children prefer

6、anyway. We did go abroad for a week last year but that was exceptional. I don't know where the money goes. We don't often go out. B: What about hobbies? A: I'm keen on sailing, but it's an expensive pastime. We do spend a bit on the children, Angela loves riding, but we're carefu

7、l, we have to be.Dialogue two: A: We were broken into yesterday. They took the video. It was brand new. B: oh no, what was it worth? A: About £300B: I hope you're insured. A: Yes, luckily I paid the premium last week. But I'll have to make a claim. It's a real nuisance. B: Are you c

8、overed for electrical goods? A: I assume so. I'll check - I have to call them to get a claim form. Dialogue three: A: His commitments are very similar to mine. We both have a family to support and a mortgage to pay. My guess is that his income is about the same as mine. I don't understand ho

9、w he can afford a cottage in the country. B: He probably borrowed the money. Your basic situation may be similar to his but he's very different from you. He never saves a penny. I bet you invest far more than he does in pension schemes, and so on. For example, how much do you spend on insurance

10、per year? A: That's my business. B: OK, let's say it's three thousand, including life insurance. A: It isn't nearly as much as that! B: Maybe not, but the point is that he probably spends twice as much as that just on entertaining.Part II   Briefing on personal taxationExer

11、cise A. Keys:OutlineI. Structure A. rates 1. 25% 2. 40%B. 1.3295 2.5015 3. pension; 40% 4. 7%II. Collection A. PAYE B. Insurance 1. 9% 2. 10% Exercise B. Keys:1. simple and relatively low2. separate taxation3. 40%4. Pay As You Earn, the employer, the employee 5. the allowanceTapescript:Good aft

12、ernoon, ladies and gentlemen. What I'd like to do essentially is to answer two questions. Firstly, how is personal taxation structured in the UK? And secondly, how is it levied? So, if you take a look at this transparency, you'll see that, contrary to popular opinion, UK personal taxation is

13、 both simple and relatively low. There are two rates: 25% on taxable income up to 23700, and 40% on income above this figure. You'll notice I say taxable income, as, like most countries, there are a series of deductions and allowances which can be taken into account before arriving at your net t

14、axable income figure. The major one relates to the status of the individual: a single person's allowance at present stands at 3295, while a married person's allowance is currently 5015. At this point I should mention that the government has recently introduced legislation which allows marrie

15、d couples to opt for separate taxation. Other allowances or deductions which are common are, firstly, tax relief on private pensions. At the moment this allowable up to 17.5% of total income, to the age of 35, rising to 40% at above 60 years old. Also the tax relief on mortgages or loans or buy a ho

16、usehere there is currently 7% tax relief on the interest payable to the bank or Building Society. Right, that covers the first part of my presentation, I'd now like to move on to how personal tax is levied. The Inland Revenue obliges employers to operate a PAYE (Pay As You Earn)scheme, which mea

17、ns the tax is deductible at source. In other words, by the employer before making out the monthly salary check or bank transfer to the employee. The tax is then collected direct from the employer. At the same time I should mention that the employer is obliged to deduct National Insurance from the em

18、ployee's salary-the employee's contribution being roughly 9% of income, the employer's ranging from 5 to 10%. These are approximate figures as it is also income-related. Right, ladies and gentleman, that covers the broad picture. I'm sure you'd like to ask me for some specific de

19、tails.Part III   Should I buy an insurance policy? (I)Exercise A. Keys:insurance policy; save money; buying a houseExercise B. Keys:1. A. a fixed objective in mind/how much to pay each monthB. a fixed objective each month in mind/how much to produce over some years2. No; regular & syst

20、ematic/short term/bank/Building SocietyTapescript:J Mr. Jackson I Insurance salesman J: Good morning. Er, my name is Jackson. Er, I'm interested in taking out an insurance policy. I've been told that, that this is quite a good way to save money. Is it a good way to save money? Yes Is this tr

21、ue?I: .it's one of the, one of the ways of saving money.J: Erm. I haven't got very much money, erm, I don't earn very much. What. how much would I have to pay for this, if I, if I (take).I: As little or as much as you like to pay. How much had you in mind, in fact?J: Well, erm er, I don&

22、#39;t really know anything about it. What's how much does one pay?I: Well, you can work it in two ways. You either sort of aim at a fixed objective, say, a straight thousand pounds policy. In other words, you have your object in mind and you want to know how much it's going to cost you. Alte

23、rnatively, you can work the reverse way, where you say "I would like to save two five pounds a month, over so many years. What would this produce for me?J: I see. And this thousand pounds, I get it. when I die. or else at a certain age, is that right?I: Well, this would depend entirely upon you

24、r needs. Now, are you in fact a single man or married?J: No, I'm unmarried.I: You are unmarried. Erm, have you any dependents at allJ: Well.I: F, for example, you have an dependent mother, or dependent sisters or brothers?J: Not dependent, no. Mm. But I suppose as time goes on, they may become m

25、ore dependent, er MmJ: It's difficult to say.I: There's always a possibility, I presume, that you may get married at some stage in the future.J: Quite. Yes. Yes.I: Uh-huh, erm. so I take it that your main interest in life insurance is, in fact, as you say, in saving money? Is this right?J: Y

26、es, that's, that's the main thing. Now One doesn't think about death so very much.I: What sort of object in saving would you have? I mean, why do you feel that you want to save money?J: Well, I think that at a certain age, erm, I haven't decided what age it would be, it would be nice

27、 to have a, a lump sum. I suppose for example, when I retire, it would be nice to have a lump sum for moving away or, erm, buying a house or doing something like that. Yes Erm. I suppose sixty, sixty-five, I, I don't really know. Or is it possible to have it earlier than that?I: Yes, indeed, you

28、 can take any sort of saving scheme, erm, over a period of years, ranging from ten upwards. A life insurance is absolutely no good for short-term savings. When I say short-term, I mean any period up to ten years. Yes If you're interested in saving, say for two or three years then, in fact, you w

29、ant to use something like a Bank or a Buildig Society. Erm Oh,I see. Life Insurance works more as a system of saving over long term.ten plus years. Yes. erm.because it is regular and it is systematic.Part IV More about the topic: Should I buy an insurance policy? (II)Exercise A. Keys:unmarried; depe

30、ndents; no needQuestions:A. accumulate capital/expand business/end of termB. saving to produce a pensionTapescript:J Mr. Jackson I Insurance salesmanJ: Erm. From your experience, can you say what, what age it is that people normally . like to have a, a lump sum?J: Fifty or something like that?I: Var

31、ies entirely according to their needs, I mean, if you take someone in er, a self-employed position, say a shop-keeper . Yes Erm J: He would want to develop his business, perhaps, at a certain (time). I: Yes, I mean he, he, he may, he may well have two needs. One, he may be . he will want to accumula

32、te money over a fairly short term, say fifteen years, Mm so that at the end of fifteen years he has the capital, and by that stage, he will have the experience from working in a business to expand it, Yes Alternatively, his second need may be something in (th) need of. a pension. Yes He, unlike empl

33、oyees, hasn't got a compulsory pension scheme, and he may want a system of saving which is going to produce for him a pension when he feels he would like to retire. J: Yes. So, er, I suppose in my case, I'm not, not self-employed, perhaps it might be something like er the needs of the childr

34、en at a certain age. I mean, children who are coming into adolescence, for example I: Yes. MmJ: They, they have a lot of needs then. Clothing, perhaps education, er, Yes. Ind . this sort of thing.I: Indeed. When you get married you will find that, you know, a number of needs come up to do with life

35、insurance, erm, on what we call the life cover side. Yes Erm, in other words, the amount . that . your wife and children would receive from an insurance company in the event of your dying. Yes But, at the moment, as a single man, you have no need for this type of policy, you see; and any . savings scheme . Part V Do you know?Keys: 1-5: T F F T TTapescript:A: How do prices in Iceland compare with those in the UK? I've heard that it's an expensive country. B: Yes, it always has been, but at the momen