Explaining business taxes

Question 1 of 8

Business taxes

A business has obligations for a number of other taxes including requirements to withhold tax for employees (PAYG withholding).

  • Fact 7

    Australia’s only armed rebellion, at Eureka in October 1854, was over the high cost of a goldmining licence. If a miner did not have a licence on them, they were arrested and the arresting policeman received half the fine.

Capital growth

Occurs when the value of an investment or asset increases over time.

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