Income and income tax
Type: Theory Start taskRead more
Questions: 9
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
Task B1.1 Assessable income
Type: Mixed Start taskRead more
Questions: 15
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
Task B1.2 Assessable income revisited
Type: Mixed Start taskRead more
Questions: 13
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 22

    The changeover to decimal currency in 1966 created a massive amount of work for the ATO. In NSW alone, staff manually converted 200,000 accounts worth $450 million.

Australian Taxation Office (ATO)

An Australian Government body that collects taxes and other revenue, and manages superannuation.

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