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  • 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.

Withholding declaration

A document that helps an employee notify their employer of a change in their PAYG withholding, for example, an entitlement to a tax offset. A withholding declaration authorises the employer to reduce or increase the amount of tax withheld from payments.

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