Glossary beginning with Y

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Youth Allowance search for term

An Australian Government payment to a young person who is undertaking study, training or an apprenticeship, is sick or is looking for work.

Wacky facts

  • Fact 13

    During World War I, many taxpayers felt that it was their patriotic duty to pay more than their assessed tax. Some were not legally obliged to pay tax but did so and others made payments of double, treble or quadruple the assessed amounts.

Glossary

Ordinary time earnings

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

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