The Budget: taxes and spending

Course categories: 
Hide from Catalogue: 
No
Group roles and permissions: 
Override default roles and permissions

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.

  • Fact 19

    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.

Taxable income

Assessable income minus allowable deductions.

read more glossary terms