Provide students with a detailed understanding of the business environment including relevant legislation. Build the knowledge needed for independence, including financial literacy around tax and superannuation. Most of the activities and resources have been developed for students in Stage 5. However, teachers can adapt the resources to suit the needs of students in Stage 4 and Life Skills.
195 results
Tax and business record keeping
Under tax law, a person who carries on a business must keep records to explain all the business’s transactions and…
NSW Commerce
Stage 5
explainer
Advice on keeping business records
Scenario
Adele and Nalu have set up a business called Beachcrazi that sells surfboards, leisure wear and a range of…
NSW Commerce
Stage 5
worksheets
Business activity statements
Managing tax affairs is essential if a business is going to be successful. This includes reporting tax collected and…
NSW Commerce
Stage 5
explainer
Negative externalities and ways of reducing them
In many situations the market fails to capture the external impacts of a transaction. These impacts can be benefits or…
NSW Commerce
Stage 5
worksheets
Which individual income tax system works best?
Open the income tax calculator.
Part 1: Compare different income tax systems
Hayley earns $50,000 per year as a part–…
NSW Commerce
Stage 5
worksheets
Checking pay slips
Part 1: Calculating taxUse the ATOs weekly tax table to work out how much tax should have been withheld in the…
NSW Commerce
Stage 5
worksheets
Tax in our lives today and tomorrow
Play: Tax in our lives today - Interactive or Tax and you if instructed by your teacher.
As you play, complete…
NSW Commerce
Stage 5
worksheets
Influences on government policy
Work in groups of 3 or 4 to complete this investigation.
Choose an organisation to research
Your team will focus on…
NSW Commerce
Stage 5
explainer
Poster Evaluation
Name of poster:
Poster producer:
Does the poster provide an accurate description of the…
NSW Commerce
Stage 5
worksheets
Saving and savings goals
Part 1: Saving to achieve goals
Dev is a 25-year-old business consultant and earns a disposable income of $80,000 a…
NSW Commerce
Stage 5
worksheets
Become a spending detective
Eileen’s spending is out of control! Can you help her?
Eileen’s situation
Eileen is paid $60 pocket money each week.…
NSW Commerce
Stage 5
explainer
Creating a budget
Use the relevant workbooks in the Interactive budget templates to complete either option 1 or 2 below (you can do both…