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  • Fact 23

    Social activities among ATO employees in the 1960s included 'Miss Taxation' contests which were part of state-wide fundraising for major charities.

Self-assessment

Australia's tax system works on self-assessment. When a taxpayer completes their income tax return, they must show all of their income and only claim allowable deductions and tax offsets to which they are entitled. The ATO issues a notice of assessment based on the information provided in the tax return.

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