Tax 101 explores the reasons tax is collected and examines how governments use tax to provide services needed by the community, and the role of the ATO. Choose a topic to investigate or use the breadcrumbs to return to the course overview page.
The annual Budget shows how tax revenue is collected and how it will be spent. Explore issues concerning the Budget. Investigate how pressures on the Budget can impact on the type and amount of taxes that are levied.
Activities allow teachers to assess students and provide slideshows with course content and/or questions.
Forums allow teachers and students to communicate.
Australia’s growth and prosperity after World War II meant that, in 1959, the ATO collected £823.37 million in revenue - more than double the amount collected in 1949.
A periodic statement showing the revenue, expenses and net profit or loss of a business or other entity.
read more glossary terms
