Income and income tax

When do we need to pay tax and when don't we? Discover the different types of income and test your knowledge about when and where tax should be paid.

Income and income tax
Type: Theory
Questions: 9
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.

Youth Allowance

An Australian Government payment to a young person who is undertaking study, training or an apprenticeship, is sick or is looking for work.

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