Working and paying tax

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What do you need to know when you enter the workforce to ensure that you are paying the correct amount of tax?

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  • Fact 15

    Primary industry suffered severely in the 1930s due to drought and the Depression, so the government introduced three new taxes to support farmers: the flour tax, the wool tax and the apple and pear tax.

Balance sheet

A document summarising the assets, liabilities and net worth (or owner’s equity) of a business.

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