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Family Tax Benefit is a per-child payment made through Services Australia to the people with at least 35 per cent of care for a child. Family Tax Benefit is income-tested on a family's adjusted taxable income in the given financial year. Income support recipients are exempt from the income test and are entitled to the maximum rate of payment.
In 1884, a general tax on income was introduced in South Australia, and in 1895 income tax was introduced in New South Wales at the rate of six pence in the pound, or 2.5%. [6] Federal income tax was first introduced in 1915, in order to help fund Australia's war effort in the First World War . [ 7 ]
The first income tax in Australia was imposed in 1884 by South Australia with a general tax on income. Federal income tax was first introduced in 1915, as a wartime measure to help fund Australia's war effort in the First World War. Between 1915 and 1942, income taxes were levied by both State governments and the federal government.
In his first year, commissioner McKay had underneath him 105 tax officers, assessed approximately 15,000 land tax returns and collected £1.3 million to £1.4 million. Over the next decade, the government introduced several new taxes, mainly to cope with the massive cost of Australia's collecting revenue to fund participation in World War I.
The department develops and implements social policy. The head of the department is the Secretary of the Department of Social Services, currently Michael Lye, [3] who reports to the Minister for Social Services. The head office of the department is located in the Australian Capital Territory suburb of Greenway.
Department of Education, Science and Training (DEST) (26 November 2001 – 3 December 2007) Department of Education, Employment and Workplace Relations (DEEWR) (3 December 2007 – 18 September 2013) Department of Education (18 September 2013 – 23 December 2014) Department of Education and Training (23 December 2014 – 29 May 2019)
The Department of Education and Training became the Department of Education; The Department of Human Services became Services Australia. The Department of Jobs and Small Business became the Department of Employment, Skills, Small and Family Business
In Australia, a fringe benefit is a payment to an employee that is not considered part of the employee's income. Fringe benefits can be given to current, former, or future employees or a member of their family, a trustee, or a director. [3] The tax is paid by the employer only, and is not expected to be paid by the employee.