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 26

    The introduction of electronic lodgement of tax forms in the late 1980s not only reduced the time it took to send out returns from ten weeks to two weeks but had a significant impact on the incidence of repetitive strain injury among data processors at the ATO.

Glossary

Growth phase

A superannuation investment prior to the time when an individual can withdraw funds.

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