| Lesson Plan |
| Grade: |
Date: 03/03/2026 |
| 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.
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Materials Needed:
- Projector and screen
- Whiteboard and markers
- Printed worksheet with profit calculations
- Calculators
- Scenario cards showing different tax‑change situations
- Example spreadsheet (optional)
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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.
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Lesson Structure:
- Do‑now (5’) – short quiz on tax types (paper).
- Mini‑lecture (10’) – profit formula and tax impact using slides.
- Guided practice (15’) – work through the numerical example together, completing calculations on the worksheet.
- Group activity (15’) – each group receives a different tax‑change scenario, predicts effects on pricing, staffing, and location, then presents findings.
- Exam technique (10’) – demonstrate the PEEL structure for a tax‑effect question; students outline an answer.
- Check for understanding (5’) – exit ticket: one sentence summarising the main effect of a tax increase.
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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.
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