The monetary cost of World War II was ten times the cost of World War I. Raising revenue via taxation became a vital part of Australia’s war effort.
- Fees and costs search for term
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Money that a super fund deducts for administering and investing contributions.
- Financial advisor search for term
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A person who holds an Australian Financial Services (AFS) licence and can give financial and investment advice.
- Fixed interest investments search for term
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Investments that offer a fixed interest rate on a fixed sum of money, usually for a specific period of time.
- Franked dividend search for term
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A share of a company's distribution paid to a shareholder on which tax has been paid by the company.
- Franking credit search for term
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A credit paid to shareholders for the tax already paid on a dividend distribution by the company. Franking dividends were formerly called imputation credits.
- Fringe benefit search for term
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A benefit received by employees from their employer instead of salary or wages, such as the use of a car for private purposes.
- Fringe benefits tax (FBT) search for term
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A tax payable on a non-salary benefit to an employee. The employer pays the tax, not the employee.
- Fund manager search for term
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A person or organisation that invests and manages superannuation money.
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Fact 16
Proof of identity
A document, such as a passport or birth certificate, that proves an individual is who they say they are.
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