In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.
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The super fund an individual's employer pays their super guarantee payments into if they do not nominate a specific super fund.
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A person whom an individual looks after and who needs their financial support, such as a child.
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A share of a company's distribution paid to a shareholder.
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Fact 5
Goods and services tax (GST)
A tax of 10% on the supply of most goods and services consumed in Australia.
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