As overseas travel became more common in the 1960s, the ATO stopped issuing tax clearance certificates (which had previously reminded Australians planning on travel that they must ensure they had paid all tax owed prior to leaving the country).
- Maximum contribution base search for term
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A limit to the amount of superannuation contributions that an employer is required to provide for an employee.
- Medicare levy search for term
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An amount payable by most taxpayers to cover some of the cost of the public health system.
- Medicare levy surcharge search for term
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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 search for term
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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.
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Fact 21
Progressive tax
A tax where the tax rate increases as the income increases. Income tax for individuals is a progressive tax.
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