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 13

    During World War I, many taxpayers felt that it was their patriotic duty to pay more than their assessed tax. Some were not legally obliged to pay tax but did so and others made payments of double, treble or quadruple the assessed amounts.

Super co-contribution

If a person earns below a certain threshold, the Australian Government will match their personal super contributions.

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