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Challenge the Chancellor Competition

2008/9 Competition

Image copyright: Various, stock.xchng

Competition extended

Notice: Due to the unusually late 2009 Budget, the closing date for the Challenge The Chancellor competition is now 21 April 2009

This year's competition is now open. Last years winners have been published on the Chartered Institute of Taxation Web site.

This year's competition will be open for entries from 1st December 2008 to 21st April 2009. The competition complements economics, business studies and citizenship courses and enterprise education.

• Competition for A2/AS/Applied Business students - Have you got the skill and imagination to think up a great new tax policy?
• Competition for GCSE students - Saturday job tax trap

Prizes

So what's the incentive? Besides learning about tax policy and how wages are taxed , there are some great prizes on offer:

A2/AS/Applied Business competition:

• £1000 for the winning team - school prize to be spent in the department.
• Individual team member prizes (to be confirmed).

GCSE competition:

• £300 for the winning team - school prize to be spent in the department.
• Individual team member prizes (to be confirmed).

Winners and runners up in both competitions will be invited to a prizegiving lunch in London following the Spring Budget. Travel expenses from within the UK will be covered for team members and up to two teachers per team.

Notes for Lecturers and Teachers

• Both competitions - notes for lecturers and teachers
• GCSE competition - teachers' notes

Both competitions are sponsored by the Chartered Institute of Taxation and BDO Stoy Hayward. The GCSE/GNVQ competition is linked to KS3 Citizenship and to TaxTalking teaching materials and has been designed with reference to the syllabi for GCSE and GNVQ courses in business studies.