What is tax and why do we need it?

Question 1 of 6

Take the Pre-test: How much do I know about tax? quiz first to find out how much you already know about tax and then start this lesson to discover some of the underlying issues relating to tax.

  • Fact 2

    In 2003, New Zealand proposed an agricultural emissions research levy to be collected from livestock farmers. The tax was to be used to fund research into the livestock industry's emissions of gases.

Superannuation / Super

A system where money is placed into a fund to provide for a person’s retirement.

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