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Imagine you have inherited $10,000. You have 3 options: save it invest it deposit it in your superannuation…

What is the difference between saving and investing? Have you ever saved up to buy something? Maybe you are putting…

What is opportunity cost and why does it exist?1Because of scarcity, all economic decisions involve choices and every…

Tax revenue and spending Paragraph 1 1Taxes collected at the federal, state and local levels of government provide…

Sample bibliography Australian Government, Office of The Australian Information Commissioner, Privacy Factsheet…

When you are asked to communicate your findings to an inquiry, you should include a bibliography. A bibliography lists…

Everyone is the workplace has obligations and/or responsibilities in relation to both tax and super. Whether you’re an…

Income taxAustralia has a progressive tax system. This means that the more people earn, the more tax they pay and the…

Continuity and change in Australia’s taxation and welfare systems Paragraph 1 1There has been both continuity and…

Set a time-frame (weekly, fortnightly, monthly). Estimate your income. Estimate all ‘incoming’ money, including wages…

Your business name is a name under which you operate your business. If you are going to operate your business in the…

Submitting a tax returnA tax return is the form you use to tell the Australian Taxation Office (ATO) how much income…