Task B5.2 Understanding GST

What is GST? Calculate the GST on selected items and discuss whether the GST can be considered a fair tax.

Test your knowledge about GST by completing the following activity.

Task B5.2 Understanding GST
Type: Quiz
Questions: 10
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 22

    The changeover to decimal currency in 1966 created a massive amount of work for the ATO. In NSW alone, staff manually converted 200,000 accounts worth $450 million.

Self-managed super fund (SMSF)

A super fund set up and operated by an individual or group of people for their own retirement benefit.

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