Work terminology
Below the most important words to know:
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Casual jobs: job paid hourly.
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Pay slip: document you receive every time you are paid a salary.
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ATO: Australian Taxation Office: centre in charge of income taxes.
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Super or Superannuation: tax levy for your retirement; represents 9% of your wages, deposited automatically by your employer in the Super Fund of his choice (generally a private company managing retirement funds); the total amount cannot be recovered before completing 65 years old unless you are a non Australian citizen and you live in another country.
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TFN or Tax File Number: equivalent to a lifestyle matricule that allows you to work legally in Australia, whether you are a private individual or a company; to be obtained at the ATO and to give your employer and bank as soon as you receive it.
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Tax return: fiscal system in Australia that allows all employees at the end of the financial year to ask taxes back from the tax amount they were levied from their salary .
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Industrial relations: Department of work rights.
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Registered name: official Certificate for any private person who wants to commercialise a product or open a commercial activity. Application done at the Fair Trading.
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ABN or Australian Business Number: Compulsory number for all registered name and Pty Ltd companies to be able to invoice.
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ACN or Australian Company Number: Compulsory number for all Pty Ltd companies; application to be done with the ASIC.
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GST or Goods on Services Tax: a 10% tax imposed on all goods and services apart education and fresh produce.