Your tax explores how tax affects individuals – what taxes we have to pay as part of our income tax, and how to complete a tax return. Choose a topic to investigate or use the breadcrumbs to return to the course overview page.

 

Income and income tax

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Your tax
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Income and income tax
Task B1.1 Assessable income
Task B1.2 Assessable income revisited
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When do we need to pay tax and when don't we? Discover the different types of income and test your knowledge about when and where tax should be paid.

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Wacky facts

  • Fact 21

    As overseas travel became more common in the 1960s, the ATO stopped issuing tax clearance certificates (which had previously reminded Australians planning on travel that they must ensure they had paid all tax owed prior to leaving the country).

Glossary

Superannuation fund

A fund or scheme for the future payment of benefits following retirement, serious disability or death.

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