The Sydney Olympic Games included a team of tax officers who advised visiting athletes of any tax obligations and helped them in reclaiming GST reimbursements for their expenditure during the games.
- Maximum contribution base
A limit to the amount of superannuation contributions that an employer is required to provide for an employee.
- Medicare levy
An amount payable by most taxpayers to cover some of the cost of the public health system.
- Medicare levy surcharge
An extra amount payable by some taxpayers in addition to the Medicare levy. A taxpayer may have to pay the surcharge if they do not have the appropriate level of private hospital cover with a health fund and their Medicare levy surcharge income exceeds the threshold.
MyTax is the quick, easy, safe and secure way to lodge online. It's web-based, so you don't need to download anything and you can lodge your tax return on any device - computer, smartphone or tablet.
A document that a financial service provider must give to an individual when they recommend or sell a financial product. It must include the risks, benefits, key features, fees, commissions and complaint-handling processes.read more glossary terms