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 5

    In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.

Exempt income

Income that is not taxable, for example, an invalidity pension.

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