Quick tax test: Business tax

Quick tax test: Business tax
Type: Quiz
Questions: 25
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.

Income

The amount of money earned from personal effort, investments and the sale of CGT assets.

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