Glossary beginning with O

Click one of the letters above to go to the page of all terms beginning with that letter.
Objection search for term

A taxpayer has the right to object to some decisions the ATO makes about their tax affairs, including most tax assessments. If a taxpayer objects to a decision, the ATO will conduct a review.

Ordinary time earnings search for term

The amount an individual earns for their ordinary hours of work.

  • Fact 20

    In the 1950s, some ATO personnel informally referred to the tax laws as Pig's Stew because they collected Payroll tax, Income tax, Gift duty, Sales tax, Stevedoring industry charge, Tobacco charge, Estate duty and Wool tax.

Standard choice form

A form filled in when an employee chooses or changes the super fund into which their employer contributes their super.

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