How do I choose a super fund?
Type: Theory Start taskRead more
Questions: 6
Attempts allowed: Unlimited
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Task D4.1 Making a difference to my super
Type: Mixed Start taskRead more
Questions: 16
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Task D4.2 What should I do with super?
Type: Mixed Start taskRead more
Questions: 20
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  • Fact 16

    The monetary cost of World War II was ten times the cost of World War I. Raising revenue via taxation became a vital part of Australia’s war effort.

Allowable deduction

An expense incurred in the course of earning income that can be used to reduce assessable income. Allowable deductions are sometimes simply referred to as deductions.

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