Quick tax test: Your tax

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After you've finished all the topics, take the test on Your tax to see if you're a tax expert.

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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.

Fixed interest investments

Investments that offer a fixed interest rate on a fixed sum of money, usually for a specific period of time.

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