Search

  Linked activities: Making decisions You make the decision

Scammers want to steal your identity for financial gain   Scams overall 5 YEARS 94% 2018 vs 2014 10 YEARS 764% 2018 vs 2009   SCAMMERS GAIN ACCESS TO YOUR PRIVATE INFORMATION BY: Breaking into your mailbox Phishing emails and text messages Fake online quizzes, surveys and job advertisements Fake online stores Hacking your email and other online accounts Social media…

  Linked activity: Superannuation - Risks and rewards

  Linked activity: Saving, investing and super

  Linked activity: Starting a job

Part 1: Apply for a TFN Apply for a TFN using the simulated TFN online application. In pairs, investigate what next steps you will need to take, including documents that you will need to prove your identity. Go to: How to get a tax file number Identity documents   Develop a flowchart informing young people on the steps they need to take to apply for a TFN. Part 2: Complete a TFN declaration Go to…

The ATO has an online services simulator for educational purposes. This includes a scenario to complete a TFN declaration form. Go to the ATO online services simulator and follow these instructions. Scenario Select the following options on the homepage and click Start. This is a replica of the home page of ATO’s online services. Before you complete a TFN declaration, browse the information you can get from this page. At the top of the screen…

Now that you have explored the relationship between a country’s taxation system and living standards, consider the following ‘what if’ scenario: The Australian Government significantly cuts spending to pay down debt. Draw a consequence wheel on a large piece of paper. Identify one area of current government services that would be affected, for example, education, health or social security and welfare. Consider the possible effects on…