Working and paying tax

Course categories: 
Hide from Catalogue: 
No
Group roles and permissions: 
Override default roles and permissions

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

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

Forums allow teachers and students to communicate.

  • Fact 4

    The first taxes in Australia were raised to help pay for the completion of Sydney's first gaol and provide for the orphans of the colony. Import taxes were put on spirits, wine and beer.

Assessable income

Gross income, including salary and wages, dividends, interest and rent before any deductions are allowed. Assessable income also includes net capital gains and other amounts that are not ordinarily classed as income.

read more glossary terms