Glossary beginning with D

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Default fund search for term

The super fund an individual's employer pays their super guarantee payments into if they do not nominate a specific super fund.

Dependant search for term

A person whom an individual looks after and who needs their financial support, such as a child.

Dividend search for term

A share of a company's distribution paid to a shareholder.

  • 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.

PAYG instalments

A system used by individuals and businesses to pay tax, such as tax on investment and business income.

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