Super, the ATO and you

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What role does the ATO play in relation to super? Discover what responsibilities the ATO has for your super life cycle and link these responsibilities to both individual and business super.

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  • Fact 8

    In 1910, the Commonwealth Government introduced a land tax to provide for more defence spending and to prepare for the increase in migration. The land tax was chosen to encourage large-scale land owners to subdivide their land and sell it to small-scale settlers.

Taxable income

Assessable income minus allowable deductions.

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