Year 8 – Economics and Business

Build student knowledge of tax and the role it plays in Australia’s economy and government decisions. Lesson plans also cover different business structures and the changing nature of work. 

124 results
 

Visualiser

Starting a job

  Linked activity: Starting a job

  • Economics & Business
  • Year 8
  • visualiser
 

Worksheet

Starting a job

Part 1: Apply for a TFN Apply for a TFN using the simulated TFN online application. In pairs, investigate…

  • Economics & Business
  • Year 8
  • worksheets
 

Instructions

The consequences of dishonesty

Being honest is not always easy but the risks of being dishonest can have serious consequences. These range from losing…

  • Economics & Business
  • Year 8
  • explainer
 

Visualiser

Group research task

  Linked activity: Role of businesses in Australia’s taxation system

  • Economics & Business
  • Year 8
  • visualiser
 

Worksheet

Was the correct amount of tax withheld?

Part 1: Calculating taxUse the ATOs weekly tax table or the ATO app Tax withheld calculator to work out how much tax…

  • Economics & Business
  • Year 8
  • worksheets
 

Instructions

Making government decisions

Scenario The government has been advised by the Minister for Health that there are not enough hospitals, cancer…

  • Economics & Business
  • Year 8
  • worksheets
 

Visualiser

Steps to manage your spending

  Linked activity: Managing your spending Starting a job

  • Economics & Business
  • Year 8
  • visualiser
 

Worksheet

Where did that fifty dollars go?

Step 1: Determine your financial position Your weekly income Your weekly expenses…

  • Economics & Business
  • Year 8
  • worksheets
 

Instructions

Completing a TFN declaration

The ATO has an online services simulator for educational purposes. This includes a scenario to complete a TFN…

  • Economics & Business
  • Year 8
  • explainer
 

Investigation

Should sugar be taxed?

Part 1: Making predictions, using data and calculating results Before a government sets about making changes to the…

  • Economics & Business
  • Year 8
  • investigation
 

Visualiser

How do I pay income tax?

  Linked activity: Your responsibilities in relation to income tax

  • Economics & Business
  • Year 8
  • visualiser
 

Video guide

The Australian Taxation System - Solutions

Watch: The Australian Taxation SystemWhat are the 3 levels of Australia’s taxation system?AustralianStateTerritoryHow…

  • Economics & Business
  • Year 8
  • worksheets