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 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.

Tax offset / rebate

An amount that may reduce the amount of income tax payable, dollar for dollar.

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