Every year, the Australian Taxation Office (ATO) compiles the tax data they collect. The recently released 2015-16 ‘tax stats’ reveal the state of the Australian community. Here’s some of what they found:
What sectors contribute to the most tax dollars?
- Financial and insurance sector – 9%
- Wholesale trade – 8%
- Manufacturing – 6%
- Professional, scientific & technical services – 6%
- Mining only contributed 0.2% of the tax take.