You are here: Home > Flexible Learning Environment > Personal Financial Management > FLE9-S01-8 > Resources Close All | Expand All Edit Delete - Last Modified By: DIR at 27/04/2016 1:56:17 PM Click the link to access the online module.Edit Delete - Last Modified By: DIR at 6/09/2016 8:56:56 AM 10 Questions to Understand Tax What is tax? Why do we pay personal income tax? Where does the money go? Who is the organisation that oversees taxation in Australia? What does the term progressive tax system mean? If you were earning $15,000 per year, how much tax would you pay? If you were earning $35,000 per year, how much tax would you pay? If you were earning $75,000 per year, how much tax would you pay? If you were earning $250,000 per year, how much tax would you pay? What are some examples of tax deductions? What can someone do if they want to reduce their taxable income? Do teenagers need to complete tax returns? How often does a tax return need to be completed Edit Delete - Last Modified By: DIR at 6/09/2016 8:59:27 AM tax-rates-2015-16Edit Delete - Last Modified By: DIR at 6/09/2016 9:00:13 AM http://www.paycalculator.com.au/