'I like to pay taxes. With them I buy civilization'. Oliver Wendell Holmes, Jr
- Refund search for term
-
An amount paid back by the ATO to a taxpayer when the taxpayer has paid more tax than they are liable to pay.
- Regressive tax search for term
-
A tax charged at a set dollar amount, regardless of the value of the transaction. The passenger movement charge (also called departure tax) on passengers at airports is a regressive tax.
- Retirement savings account (RSA) search for term
-
A savings account set up specifically for the purpose of saving funds for retirement.
- Return search for term
-
The net amount an individual receives from an investment.
- Revenue / government revenue search for term
-
The income of a government (from taxes, excise duties or other sources) used for the payment of public expenses.
- Risk search for term
-
The chance of loss on a financial investment.
- Rollover search for term
-
When an individual transfers super money from one super fund into another.
-
Fact 28
MyTax
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.
read more glossary terms
read more glossary terms