Australian Taxation System

URI: https://gptkb.org/entity/Australian_Taxation_System

GPTKB entity

Statements (55)

Predicate	Object
gptkbp:instanceOf	gptkb:tax_law
gptkbp:administeredBy	gptkb:Australian_Taxation_Office
gptkbp:businessIdentification	gptkb:Australian_Business_Number
gptkbp:capitalGainsTaxAppliesTo	assets acquired after 20 September 1985
gptkbp:country	gptkb:Australia
gptkbp:customsDutyCollectedBy	gptkb:Government_of_India
gptkbp:exciseDutyCollectedBy	gptkb:Government_of_India
gptkbp:federalTaxCollectedBy	gptkb:Government_of_India
gptkbp:fiscalYear	1 July to 30 June
gptkbp:fringeBenefitsTaxYear	1 April to 31 March
gptkbp:GSTExemptItems	education fresh food health services exports
gptkbp:GSTIntroduced	2000
gptkbp:GSTRate	10%
https://www.w3.org/2000/01/rdf-schema#label	Australian Taxation System
gptkbp:includesTaxType	gptkb:fringe_benefits_tax gptkb:tax_law gptkb:goods_and_services_tax payroll tax capital gains tax stamp duty customs duty excise duty land tax superannuation tax
gptkbp:incomeTaxAppliesTo	individuals partnerships companies trusts superannuation funds
gptkbp:incomeTaxIntroduced	1915
gptkbp:incomeTaxType	progressive
gptkbp:landTaxCollectedBy	gptkb:State_Governments
gptkbp:legislature	gptkb:A_New_Tax_System_(Goods_and_Services_Tax)_Act_1999 gptkb:Fringe_Benefits_Tax_Assessment_Act_1986 gptkb:Income_Tax_Assessment_Act_1936 gptkb:Income_Tax_Assessment_Act_1997 gptkb:Superannuation_Guarantee_(Administration)_Act_1992
gptkbp:localTaxCollectedBy	Local Governments
gptkbp:payrollTaxCollectedBy	gptkb:State_Governments
gptkbp:progressiveTaxRates	yes
gptkbp:revenue	gptkb:GST gptkb:tax_law excise duty company tax
gptkbp:stampDutyCollectedBy	gptkb:State_Governments
gptkbp:stateTaxCollectedBy	gptkb:State_Governments
gptkbp:superannuationGuaranteeRate	11% (as of 2023-24)
gptkbp:taxFreeThreshold	$18,200
gptkbp:taxpayerIdentification	gptkb:Tax_File_Number
gptkbp:taxReturnDueDate	31 October
gptkbp:bfsParent	gptkb:ATS
gptkbp:bfsLayer	5