Calculating tax due

As part of your tax return you may be due a refund of have a tax debt.  Find out more about calculating tax using some case studies.

Calculating tax due
Type: Theory
Questions: 3
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 12

    The expenses of World War I were so great that the Commonwealth Government introduced three new taxes in 1917: an entertainment tax, a wartime profits tax and a bachelor tax that raised such a bitter protest that it was never put into operation.

Tax credits

Amounts to be deducted from a tax bill, for example, franking credits and fuel tax credits.

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