Pre-test: How much do I know about tax?

Before you start Tax 101, let's see how much you already know about tax. Answer these questions to find out. After you have finished Tax 101, you can re-sit this test to find out if you are a tax genius!

Pre-test: How much do I know about tax?
Type: Quiz
Questions: 20
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
  • Fact 24

    One poetic Australian taxpayer wrote to the ATO: 'Spring is sprung, the grass is riz, I wonder where my return iz. My "rego’s" due, my cash is nil, a cheque from you would pay the till'.

Statement of financial position

A document summarising the assets, liabilities and net worth (or owner’s equity) of a business.

read more glossary terms