How is business tax collected?

Topic / Topic starter Replies Last postsort ascending
Normal topic business tax
by Madi Whitford » Mon, 09/09/2019 - 18:25
1
by Madi Whitford
Mon, 09/09/2019 - 18:25
Normal topic Task A3.1 Tax revenue and my community
by Forum administrator » Thu, 09/04/2014 - 14:00
0
by Forum administrator
Mon, 05/15/2017 - 16:59
Normal topic Task A3.2 Evidence from the news
by Forum administrator » Thu, 09/04/2014 - 14:09
0
by Forum administrator
Mon, 05/15/2017 - 16:58
Normal topic Task A4.1 Managing disasters
by Forum administrator » Thu, 09/04/2014 - 14:21
0
by Forum administrator
Mon, 05/15/2017 - 16:57
New posts
No new posts
Hot topic with new posts
Hot topic without new posts
Sticky topic
Locked topic
  • Fact 12

    The expenses of World War I were so great that the Commonwealth Government introduced three new taxes in 1917: an entertainment tax, a wartime profits tax and a bachelor tax that raised such a bitter protest that it was never put into operation.

Business / enterprise

A business is any activity where goods or services are sold with the intention of making a profit. If the activity has not been set up with the aim of making a profit then it is considered to be a hobby. A business does not include:

  • private recreational activities and hobbies
  • activities carried on as an employee, labour hire worker, director or office holder
  • activities carried on by individuals (other than the trustees of charitable funds) or partnerships without a reasonable expectation of profit or gain.
read more glossary terms