The changeover to decimal currency in 1966 created a massive amount of work for the ATO. In NSW alone, staff manually converted 200,000 accounts worth $450 million.
How is the community supported through taxes? Who funds what government service? What happens when disaster strikes a local area?
Tax in your community is an interactive divided into two sections. The first section explores students' understanding of which of the three levels of government in Australia has responsibility for specific government services such as health, garbage collection and so on. The second section explores the impact of a flood on the local community of Greenville. Students make choices about the appropriate distribution of resources (raised through taxes) in a crisis situation. This task will effectively communicate the difficult trade-offs that are involved in distributing public wealth. Students must juggle competing demands according to three criteria: community wellbeing, the economy and the environment.
You may wish to explain to students that while the interactive positions the 'Prime minister' as the primary decision-maker in this particular crisis, the responsibility and authority for making decisions will depend on the type and extent of the specific crisis.Tax in your community - PDF version
An expense incurred in the course of earning income that can be used to reduce assessable income. Allowable deductions are sometimes simply referred to as deductions.read more glossary terms