The first computers used by the ATO were used primarily for issuing the five million refund cheques sent out each year in the mid 1960s.
Tax and you is an interactive that first asks the student to locate various items in a bedroom that may be affected by tax. They then decide whether the item selected has been subjected to some kind of tax, supported via tax subsidies or not affected by the taxation system. There is a minimum of 5 and a maximum of 13 items. The student then embarks on a life journey, making choices such as buying a house, beginning employment and having children. At each stage, they encounter ways in which the taxation system relates to these decisions. The intended outcome is for the student to gain an appreciation of the way in which the taxation system impacts directly on the individual, and that taxes are both an imposition and a benefit to individuals.
A document generally issued by a supplier registered for GST. It shows the price of a sale, indicating whether it includes GST, and may show the amount of GST. It must show other information including the ABN of the supplier.read more glossary terms