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.
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.
Activities allow teachers to assess students and provide slideshows with course content and/or questions.
Forums allow teachers and students to communicate.
The first new tax introduced after Federation was the Bank Notes Tax Act 1910 which introduced an Australian currency. It imposed a 10% tax on bank notes that had been previously issued privately. The new national currency first appeared in December 1910.
A credit paid to shareholders for the tax already paid on a dividend distribution by the company. Franking dividends were formerly called imputation credits.
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