In 1936, at the request of the Australian Wool Growers Council, a wool tax was imposed to help the production of wool and to extend the use of wool throughout the world. It was levied at 6d (about 5c) per bale on all sales of shorn wool produced in Australia.
It's time to reflect on what you have found out about changes to the tax system.
| Task A5.2 Changes in the tax system | ||
|---|---|---|
| Type: | Theory | |
| Questions: | 1 | |
| Attempts allowed: | Unlimited | |
| Available: | Always | |
| Pass rate: | 75% | |
| Passed: |
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Fact 10
PAYG instalments
A system used by individuals and businesses to pay tax, such as tax on investment and business income.
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