A Simplified Look at the Australian Taxation System

 

Summary:

Taxes in Australia are levied by the federal government for availing of good and services by Australian individuals. The entire tax system is regulated by the Australian Taxation Office (ATO), which serves as the primary revenue collector for the nation. Taxes are levied on Individuals and Tax professionals as also for Businesses, Superannuation and the Government. There are taxes due on Property, Goods And Services, Inheritance and the income of an individual or company. Excise tax and Payroll also gather much revenue. Each of the taxes is dealt with in much detail in the dedicated web pages.


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