Business tax investigates the advantages and disadvantages of different business structures, and the requirements involved in running a business. Choose a topic to investigate or use the breadcrumbs to return to the course overview page.

The goods and services tax (GST)

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Business tax
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The goods and services tax (GST)
Task C5.1 Calculating GST
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Discover how to calculate the goods and services tax (GST) for various items and discuss what constitutes a fair tax.

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Wacky facts

  • Fact 25

    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.

Glossary

Tax minimisation

When a taxpayer legally minimises the amount of tax they have to pay.

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