The goods and services tax (GST)

Course categories: 
Activity required for the course validation: 
Hide from Catalogue: 
No
Group roles and permissions: 
Override default roles and permissions

Discover how to calculate the goods and services tax (GST) for various items and discuss what constitutes a fair tax.

Activities allow teachers to assess students and provide slideshows with course content and/or questions.

Forums allow teachers and students to communicate.

  • Fact 13

    During World War I, many taxpayers felt that it was their patriotic duty to pay more than their assessed tax. Some were not legally obliged to pay tax but did so and others made payments of double, treble or quadruple the assessed amounts.

Franking credit

A credit paid to shareholders for the tax already paid on a dividend distribution by the company. Franking dividends were formerly called imputation credits.

read more glossary terms