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 6

    'Bottom of the harbour' schemes were a form of tax avoidance used in Australia in the 1970s. The 'harbour' referred to was Sydney Harbour, which was near the financial district. Participation in the schemes was made a criminal offence in 1980.

Goods and services tax (GST)

A tax of 10% on the supply of most goods and services consumed in Australia.

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