Completing your tax return

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When you say the word 'tax', many people automatically think of what they will do with their potential tax refund. Find out what completing a tax return involves.

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  • Fact 20

    In the 1950s, some ATO personnel informally referred to the tax laws as Pig's Stew because they collected Payroll tax, Income tax, Gift duty, Sales tax, Stevedoring industry charge, Tobacco charge, Estate duty and Wool tax.

Capital gain

Occurs when a CGT asset is sold for more than its purchase price.

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