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Who provides the services you use? All 3 levels of government in Australia work together to provide Australians with the goods and services they need. Although some responsibilities of the 3 levels of government overlap, table 1 shows that each level provides different services to Australians. Table 1: Services provided by the 3 levels of government Australian Government State or territory governments Local councils…

  Linked activity: What taxes do you pay and why?

  Linked activity: Your responsibilities in relation to income tax

  Linked activity: Using a SWOT analysis to make a business decision

Paying the right amount of tax is important. If your employer does not deduct the right amount of tax on your behalf, you might end up with a tax bill at the end of the financial year. Your responsibility as an employee is to check your pay slip to see if the right amount of tax is being deducted. Review Maya’s pay slip below and identify how much she earned for the week and the year to date and how much tax was withheld from her pay for this…

To complete a tax return, you will need information about your income and allowable deductions. Assessable income The most common source of income for young people is money earned through employment. At tax time you will be able to access your income statement via myGov. This statement will tell you how much you earned and how much tax was deducted from your income. You may have also received unearned income. This is income from investments…

  Linked activity: Impact of tax on individual and business decisions

Some goods and services are 'GST free' which means they do not have GST included in the price. The GST-free goods and services include: most basic foods some education courses, course materials and related excursions or field trips some medical, health and care services some menstrual products some medical aids and appliances some medicines some childcare services some religious services and charitable activities supplies of…