Calculating tax due

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As part of your tax return you may be due a refund of have a tax debt.  Find out more about calculating tax using some case studies.

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  • Fact 6

    'Bottom of the harbour' schemes were a form of tax avoidance used in Australia in the 1970s. The 'harbour' referred to was Sydney Harbour, which was near the financial district. Participation in the schemes was made a criminal offence in 1980.

Tax invoice

A document generally issued by a supplier registered for GST. It shows the price of a sale, indicating whether it includes GST, and may show the amount of GST. It must show other information including the ABN of the supplier.

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