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Taxation system for individuals in Australia?

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  • Taxation system for individuals in Australia?


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Answer #1 | 15/12 2013 15:25
Federally there is the GST - Goods and Services Tax States impose several other forms of tax : If you own commercial property or is the property is above a certain value depending on the state there are land taxes. There is also Stamp Duty on property transfers, insurance contacts etc. States also charge Payroll tax about 6% of the gross wages a company pays. Local Council charge rates on properties but only to the owners of the property
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