History of tax in Australia

Taxes have changed and evolved over time.  Discover the changes made in the Australian tax system and explore the reasons taxes change.

History of tax in Australia
Type: Theory
Questions: 1
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
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  • Fact 20

    In the 1950s, some ATO personnel informally referred to the tax laws as Pig's Stew because they collected Payroll tax, Income tax, Gift duty, Sales tax, Stevedoring industry charge, Tobacco charge, Estate duty and Wool tax.

Fixed interest investments

Investments that offer a fixed interest rate on a fixed sum of money, usually for a specific period of time.

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