Tax: who, what, how and why

Different types of taxes affect taxpayers in different ways. Work out the difference between progressive, proportional and regressive taxes and test your understanding of these three tax types.

Tax: who, what, how and why
Type: Theory
Questions: 3
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 19

    Australia’s growth and prosperity after World War II meant that, in 1959, the ATO collected £823.37 million in revenue - more than double the amount collected in 1949.

Objection

A taxpayer has the right to object to some decisions the ATO makes about their tax affairs, including most tax assessments. If a taxpayer objects to a decision, the ATO will conduct a review.

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