The first taxes in Australia were raised to help pay for the completion of Sydney's first gaol and provide for the orphans of the colony. Import taxes were put on spirits, wine and beer.
How good do you think you are at judging what is allowed as a deduction?
You are allowed to reduce your assessable income by claiming allowable deductions. Test your knowledge about deductions by answering the questions.
|Task B3.1 Reducing your tax|
A tax charged at a set dollar amount, regardless of the value of the transaction. The passenger movement charge (also called departure tax) on passengers at airports is a regressive tax.read more glossary terms