1) Which of the following is most likely to be taxable food for GST purposes?

a. Milk sold in a supermarket.

b. Natural spring water sold in a supermarket.

c. Tea bags sold in a supermarket.

d. Fruit juices containing at least 95% fruit juice sold in a supermarket.

e. Salted peanuts sold in a supermarket.

2) In relation to the rates of tax applicable to taxpayers, which of the following statements is most correct?

a. All resident taxpayers have a tax-free threshold of $18,200 for the income year ended 30 June 2021.

b. Resident and foreign resident (non-resident) individual taxpayers have a tax-free threshold.

c. Income averaging is available to all taxpayers, not just primary producers and artists.

d. The resident rates of tax will apply to a person who is a foreign resident (non-resident) at the end of the income year if they were a resident of Australia at any time during the year.

e. Resident taxpayers pay tax at regressive rates on their taxable income.