125 Different taxes

In 2009 the Australian Treasury published a review on our existing tax system. The review states that there are 125 different taxes paid by Australians. The majority of government revenue is from 3 taxes, namely:

  • Personal income tax (44.8% of revenue)
  • Company tax (22.3% of revenue)
  • GST (15.7% of revenue)

Cost of compliance

The University of NSW states that small businesses spend 500 hours and $28,000 per year on tax compliance. With the debit tax, these costs will be eliminated.

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Partial list of taxes

Below is a partial list of the taxes that Australians pay:

  • Accounts Receivable Tax
  • Airline surcharge tax
  • Airline Fuel Tax
  • Airport Maintenance Tax
  • Building Permit Tax
  • Cigarette Tax
  • Corporate Income Tax
  • Goods and Services Tax
  • Death Tax
  • Dog License Tax
  • Driving Permit Tax
  • Environmental Tax (Fee)
  • Excise Taxes
  • Federal Income Tax
  • Federal Unemployment (UI)
  • Fishing License Tax
  • Food License Tax
  • Petrol Tax
  • Gross Receipts Tax
  • Health Tax
  • Hunting License Tax
  • Inheritance Tax
  • Interest Tax
  • Liquor Tax
  • Luxury Taxes
  • Marriage License Tax
  • Medicare Tax
  • Mortgage Tax
  • Personal Income Tax
  • Property Tax
  • Poverty Tax
  • Prescription Drug Tax
  • Real Estate Tax
  • Recreational Vehicle Tax
  • Retail Sales Tax
  • Service Charge Tax
  • School Tax
  • Telephone Federal Tax
  • Telephone Provincial and Local Surcharge Taxes
  • Telephone Minimum Usage Surcharge Tax
  • Vehicle License Registration Tax
  • Vehicle Sales Tax
  • Water Tax
  • Watercraft Registration Tax
  • Well Permit Tax
  • Workers Compensation Tax