Explaining business taxes
Type: Theory Start taskRead more
Questions: 8
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
Task C4.1 Tax types
Type: Quiz Start taskRead more
Questions: 3
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 28

    'I like to pay taxes. With them I buy civilization'. Oliver Wendell Holmes, Jr

     

     

Instalment activity statement (IAS)

A form similar to the BAS (but without GST and some other taxes) used by businesses not registered for GST, and by individuals who are required to pay PAYG instalments or PAYG withholding, such as self-funded retirees.

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