Pre-test: How much do I know about tax?

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Before you start Tax 101, let's see how much you already know about tax. Answer these questions to find out. After you have finished Tax 101, you can re-sit this test to find out if you are a tax genius!

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  • Fact 22

    The changeover to decimal currency in 1966 created a massive amount of work for the ATO. In NSW alone, staff manually converted 200,000 accounts worth $450 million.

Progressive tax

A tax where the tax rate increases as the income increases. Income tax for individuals is a progressive tax.

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