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Australia
Beginning of essay
History
The first people to live in were called Aborigines. They
migrated there about 40,000 years ago. The continent remained relatively
unknown by outsiders until the 17th century. The first Europeans to settle
were British convicts in 1788. They arrived at Botany Bay in southeastern
Australia. ....
Middle of essay ....ncy is called the decimal with the dollar as the
basic unit. (100 cents equals $1). These notes come in denominations of
$100, $50, $20, $10, and $5. The coins come in 5c, 10c, 20c and $1, and $2
denominations.
Taxes
The principal elements of the main federal taxes of Australia are
namely income tax, capital gains tax, and fringe benefits tax.
Income Tax
Tax payable = (assessable income - allowable deductions) x
applicable tax rate
Payable by = person who derives i.... |
Number of words: 2035 |
Approximate pages: 8 |
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