English for Tax Administration 2

1. English for TaxAdministration 2 Lecturer: Miljen Matijašević G10, room 6/I, Tue 11:30-12:30 e-mail: miljen.matijasevic@gmail.com Session 2, 18 Mar 2014

2. Today’s session • Revisionofthelastsession • Money and Personal Finance

3. Revision of the last session Sayingnumbers

4. Saying numbers - exercise Write out these numbers in full: 345,892 0.199 €1,548,756.89 132,259 4,984.6518 75.975 %

5. Money and Personal Finance

6. FourEnglishwords for ‘račun’ • RAČUN • account • bill • receipt \riˈsi:t\ • invoice

7. FourEnglishwords for ‘račun’ • RAČUN • account (račun u banci) • bill (račun koji treba platiti) • receipt (potvrda o plaćanju) • invoice (faktura)

8. The Bank Account + - creditanaccount pay/deposit money intoanaccount beintheblack NOUNS: deposit, credit debitanaccount (with)draw/takeout money fromanaccount beinthered (accountoverdrawn) NOUNS: withdrawal, debit

9. The Bank Account Types of account An account can be: currentaccount savingsaccount foreigncurrencyaccount businessaccount / giro account a termdeposit overdrawn frozen Additional account vocab: account balance bank statement

10. The Bank Account overdrawn – inthe red (account) balance– fundsavailableintheaccount Bank statement– a statementshowing all the credit anddebittransactionsandthebalance

11. Means of payment • cash • (bank)notes/bills (US) • coins, change • debit/chargecard (e.g. Maestro) • creditcard • cheque • funds/money transfer Apartfrom a bank, youcanget cash from a: • cashpoint, a.k.a. • cash machine • ATM (automatedtellermachine)”

12. Prepositions – addwherenecessary • PAY • cash • credit card • one’s own money • the bill • drinks • thewaiter • tax • thedinner • a salaryintoanaccount • tuition

13. Prepositions - answers • PAY • (IN) cash • BY credit card • WITH one’s own money • the bill • FOR drinks • thewaiter • tax • FOR thedinner • a salaryintoanaccount • tuition

14. credit – payment – cheque – account – balance – debit cash deposit – debitcard – transactions Jane Sadleropened her ............. withtheMedway Bank on 28 January 2003, with a cash ............. of £300. On 15 Februaryshewrote a ............. for £53.25 andthisappeared as a ............. on the bank statement on 20 February. On 22 Februaryshetookout £60 in............. from a cashpointmachine. On thefollowingdaythe bank debited her accountby £33.50 for a ............. she had madeusing her ............. .Hermonthlysalarywaspaiddirectlyinto her accountandthisappeared as a ............. for £802.20 on 26 February. Therewere no further............. on her accountandshefinishedthemonthwith a ............. of £955.45.

15. credit – payment – cheque – account – balance – debit cash deposit – debitcard – transactions Jane Sadler opened her ACCOUNT with the Medway Bank on 28 January 2003, with a cash DEPOSIT of £300. On 15 February she wrote a CHEQUE for £53.25 and this appeared as a DEBIT on the bank statement on 20 February. On 22 February she took out £60 in CASH from a cashpoint machine. On the following day the bank debited her account by £33.50 for a PAYMENT she had made using her DEBIT CARD. Her monthly salary was paid directly into her account and this appeared as a CREDIT for £802.20 on 26 February. There were no further TRANSACTIONS on her account and she finished the month with a BALANCE of £955.45.

16. Revision What does it mean to lend, owe and raise money? Chase the intruder: credit, debit, deposit, payinto. Do the following mean the same: your account is overdrawn / your account is in the black? Makesentenceswiththewords: credit, draw, bankstatement, payinto, withdrawal, balance

17. Revision What is an ATM andwhat is it used for? What is a bank statement? Whatdoes it show? What means of payment do you know? Illustrate four different ways to use the verb TO PAY with an object (with/without prepositions).

18. Thank you for your attention!