Teach your students about earning an income, how to manage money and set financial goals. In addition, develop knowledge of basic business planning and what makes a business successful.
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Assessable income and allowable deductions
To complete a tax return, you will need information about your income and allowable deductions.
Assessable income
The…
Economics & Business
Year 8
worksheets
Role of tax in influencing decisions
Linked activity:
Impact of tax on individual and business decisions
Economics & Business
Year 8
visualiser
GST-free goods and services
Some goods and services are 'GST free' which means they do not have GST included in the price.
The GST-free goods and…
Economics & Business
Year 8
explainer
Impact of tax on individual and business decisions
You must complete part A and part B, but you can choose to do either part C or D.
Part A: Strategies to encourage the…
Economics & Business
Year 8
worksheets
Impact of tax on individual and business decisions
Part A: Strategies to encourage consumption – Electric vehicles (EVs)Source 1: Reasons for promoting the consumption of…
Economics & Business
Year 8
datasheet
Impact of tax on individual and business decisions
Your taskYou have 2 options.Write 2 paragraphs, orCreate a short evidence-based essayWhatever you choose, you must use…
Economics & Business
Year 8
explainer
The taxation system and business decisions
Australia’s tax system can affect a number of business decisions, including the business structure to choose, whether…
Economics & Business
Year 8
explainer
What if?
Now that you have explored where most of Australia’s tax revenue goes, consider the following ‘what if’ scenario:
Due…
Economics & Business
Year 8
explainer
The importance of Australia's taxation system
Taxes are a big part of our lives and the government uses them to pay for all kinds of important things, like hospitals…
Economics & Business
Year 8
explainer
Community resources game
Rules
Each member of your group has a starting ‘bank balance’ of $10.00.
The communal pot is a community resource…
Economics & Business
Year 8
explainer
Australian Government spending
Linked activity:
The importance of the Australian Taxation system
Economics & Business
Year 8
visualiser
Should sugar be taxed?
Part 1: Does taxing fat work?
The Australian of the Year 2020 Dr James Mueckefight against sugar
In this acceptance…