Embedded Files
Introduction
Introduction
Watch the video for an introduction to the lesson.
Activity 1 - What is the GST?
Activity 1 - What is the GST?
The Goods and Services Tax (GST) is a broad-based tax of 10% on most goods and services that are sold and consumed in Australia.
Other countries have similar taxation systems. In the United Kingdom it is called a ‘Value Added Tax (VAT)’ and it is currently 20%.
Most basic food for human consumption is GST free. This includes food and beverages such as fruit and vegetable, meat, eggs, bread, cheese, soup, flour and sugar. Most foods that are ready made or sold in restaurants are taxable, as well as other non-staple food like sweets and deserts.
Watch the video GST Changes on the Behind the News website.
Complete the Desmos activity Sorting products - Do I pay GST?
Open the Desmos interactive in a new tab by clicking on the image.
If the folder tab is open on the left hand side of the screen close it so you can see the activity in full screen.
Activity 2 - How to calculate GST
Activity 2 - How to calculate GST
We’ve already explored what the goods and services tax (GST) is and why it is needed, let’s look at how it is calculated.
In Australia, the GST is usually already included in the price that you see advertised. This tells you exactly what you need to pay.
Business owners need to be able to determine how much of that price the GST is so that they know how much money to pay to the government.
Task 1
Task 1
Watch the video to learn how to calculate GST.
Task 2
Task 2
Complete the activity to find the post-GST price.
Open the Desmos interactive in a new tab by clicking on the image below.
If the folder tab is open on the left hand side of the screen close it so you can see the activity in full screen.
Task 3
Task 3
Complete the activity to find the pre-GST cost for each item.
Open the Desmos interactive in a new tab by clicking on the image.
If the folder tab is open on the left hand side of the screen close it so you can see the activity in full screen.
Activity 3 - Calculations with GST
Activity 3 - Calculations with GST
Answer each question in the activity below. Once you are done, select Check to make sure you got the answer/s correct.
Once you have all the correct answers, use the blue right arrow to move to the next question.
Activities too easy?
Activities too easy?
Task - Raising the GST
Task - Raising the GST
The GST was introduced in Australia 20 years ago on the 1 July 2000. Since that time there has been some minor amendments to the tax, adjusting which items are taxed and which aren’t but it has never risen from 10%.
The GST was introduced in Australia 20 years ago on the 1 July 2000. Since that time there has been some minor amendments to the tax, adjusting which items are taxed and which aren’t but it has never risen from 10%.
In this investigation you will consider what effect it would have on families if the GST rose to 12.5 or even 15%. What effect would it have if every item was subject to GST?
In this investigation you will consider what effect it would have on families if the GST rose to 12.5 or even 15%. What effect would it have if every item was subject to GST?
Investigate the effect of raising the GST by completing the Raising the GST activity using the Google Doc template.
Using a spreadsheet
You could use a spreadsheet to perform your calculations for you.
Watch this video on using a spreadsheet (1:55) and follow the steps to create your own.
Handing in your work
Handing in your work
Don't forget to hand in the work you completed today!
Your teacher will have told you to do one of the following:
Upload any digital documents you created and any photos you took of your written work to your Learning Management system (MS Teams, Google Classroom for example).
Email any digital documents you created and any photos you took of your written work to your teacher.
Make sure you keep any hand written work you did in your exercise book or folder as your teacher may need to see these when you are back in class.
Student reflection
Student reflection
Let us know how you feel about this lesson.
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