What is tax and why do we need it?

The materials in Tax 101 have been designed to be used in a variety of ways. Each topic is designed as a stand-alone section to be explored by a whole class, small groups or individual students. Information about alignment to state and territory curriculums is via the Curriculum links block.

What is tax and why do we need it?
Type: Theory
Questions: 6
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

     

     

Tax return

The form that taxpayers complete and lodge annually with the ATO to report their income, tax withheld, allowable deductions and tax offsets.

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