Copyright

Copyright

© Australian Taxation Office for the Commonwealth of Australia, except where indicated otherwise. Excluding material acknowledged to other sources, you are free to copy, adapt, modify, transmit and distribute material as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products). Material acknowledged to other sources can be used for non-commercial educational purposes only.

 

  • Fact 10

    In 1936, at the request of the Australian Wool Growers Council, a wool tax was imposed to help the production of wool and to extend the use of wool throughout the world. It was levied at 6d (about 5c) per bale on all sales of shorn wool produced in Australia.

Sole trader

A person who owns and operates a business for themselves.

read more glossary terms