What is tax and why do we need it?
Tax: who, what, how and why
How is tax revenue spent?
100
Define the term 'tax'.
It is money paid to governments.
100
What are the three levels of government in Australia?
Australian, state or territory, and local
100
Identify one service provided by a state or territory government.
Health, education, water and electricity, transport, roads and communications, public order and safety (police), court system, art, culture and sports, environment, running of government departments and subsidies and grants to local government.
200
Name two groups who pay tax in Australia.
Individuals and businesses
200
Which level of government raises stamp duty, land tax and payroll taxes?
State and territory
200
Name three services provided by local government.
Any three of the following: Family and community services, aged and disability services, recreation and culture, waste management, street and traffic management, infrastructure services, business and economic services, and roads and bridges
300
Which level of government collects the most tax in Australia?
Australian Government (Federal)
300
Name three taxes imposed by local government.
Any three of the following: Property rates, rubbish disposal charges, community group/program charges, building permits, fines and animal licences
300
Name two levels of government that provide health services.
Australian and state and territory governments
400
Who does the Australian Government collect GST for?
Australian states and territories
400
What event led to the Australian Government taking over income tax collection?
World War II
400
Name one area of expenditure that all levels of government have.
Administration expenditure
500
What is meant by the term 'tax-free threshold', how much is it and who does it apply to?
The amount of income below which individuals do not have to pay tax. The tax-free threshold is currently $18,200 and it applies to Australian residents.
500
What is meant by a regressive tax? Give an example.
It is a tax where the dollar amount is the same regardless of the level of income. Examples include car registration and departure tax.
500
Name three services provided only by the Australian Government.
Any three of the following: Defence, immigration, trade, postage and communications, and currency