Quick tax test: Tax 101

Course categories: 
Activity required for the course validation: 
Hide from Catalogue: 
No
Group roles and permissions: 
Override default roles and permissions

After you've finished all the topics, take the test on Tax 101 to see if you're a tax expert.

Test the tax knowledge you've gained from working through Tax 101.

Activities allow teachers to assess students and provide slideshows with course content and/or questions.

Forums allow teachers and students to communicate.

  • Fact 10

    In 1936, at the request of the Australian Wool Growers Council, a wool tax was imposed to help the production of wool and to extend the use of wool throughout the world. It was levied at 6d (about 5c) per bale on all sales of shorn wool produced in Australia.

Excise

A tax on certain goods produced or manufactured in Australia. These goods include alcohol, tobacco and petroleum. Customs duty at an equivalent rate is levied on imported goods to ensure that these goods are treated consistently with local goods.

read more glossary terms