Lesson Plan

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Lesson Plan
Grade: Date: 17/01/2026
Subject: Business Studies
Lesson Topic: effects of changes in taxes on business profit
Learning Objective/s:
  • Describe how different types of taxes affect business profit.
  • Calculate the impact of tax rate changes on profit using numerical examples.
  • Analyse how tax changes influence business decisions such as pricing, cost‑cutting, and location.
  • Apply the PEEL technique to structure exam answers on tax effects.
Materials Needed:
  • Projector and screen
  • Whiteboard and markers
  • Printed worksheet with profit calculations
  • Calculators
  • Scenario cards showing different tax‑change situations
  • Example spreadsheet (optional)
 Introduction:
Begin with a quick poll: “What taxes does a business pay?” Connect to prior learning on revenue and costs. Explain that today’s success criteria are to calculate profit changes and discuss strategic responses.
Lesson Structure:
  1. Do‑now (5’) – short quiz on tax types (paper).
  2. Mini‑lecture (10’) – profit formula and tax impact using slides.
  3. Guided practice (15’) – work through the numerical example together, completing calculations on the worksheet.
  4. Group activity (15’) – each group receives a different tax‑change scenario, predicts effects on pricing, staffing, and location, then presents findings.
  5. Exam technique (10’) – demonstrate the PEEL structure for a tax‑effect question; students outline an answer.
  6. Check for understanding (5’) – exit ticket: one sentence summarising the main effect of a tax increase.
Conclusion:
Summarise that higher taxes reduce profit and can trigger pricing adjustments, cost‑cutting, or relocation decisions. Students complete an exit ticket writing the profit change for a 5% tax rise. For homework, finish the worksheet with two additional tax‑change calculations.