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 10

    In 1936, at the request of the Australian Wool Growers Council, a wool tax was imposed to help the production of wool and to extend the use of wool throughout the world. It was levied at 6d (about 5c) per bale on all sales of shorn wool produced in Australia.

Compounding

Where the earnings from an investment are re-invested.

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