Tax for individuals

Tax is the money we collect on behalf of the government. It is used to pay for services the government provides, such as hospitals, schools, roads and railways.

You may need to pay tax if you get income from:

  • a job
  • Centrelink allowances and payments
  • running a business, or
  • other sources (such as bank interest).

The amount of tax you pay depends on how much money you earn and if you have a tax file number (TFN). If you don’t have a TFN, you may be paying too much tax.

When you're receiving income, you need to lodge a tax return each year at tax time.

Find out about:

See also:

Super for individuals

Last modified: 12 Jan 2016QC 39590