What is tax and why do we need it?

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Take the Pre-test: How much do I know about tax? quiz first to find out how much you already know about tax and then start this activity to discover some of the underlying issues relating to tax.

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  • Fact 15

    Primary industry suffered severely in the 1930s due to drought and the Depression, so the government introduced three new taxes to support farmers: the flour tax, the wool tax and the apple and pear tax.

Instalment activity statement (IAS)

A form similar to the BAS (but without GST and some other taxes) used by businesses not registered for GST, and by individuals who are required to pay PAYG instalments or PAYG withholding, such as self-funded retirees.

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