How Australians spend their tax refunds

This business infographic sample shows the average tax refund and how people say they spent last year's tax refund. It was designed on the base of the infographic "How Australians spend their tax refunds" from the MoneySmart website of the Australian Securities and Investments Commission (ASIC). [moneysmart.gov.au/managing-your-money/income-tax/how-australians-spend-their-tax-refunds] "A tax refund or tax rebate is a refund on taxes when the tax liability is less than the taxes paid. Taxpayers can often get a tax refund on their income tax if the tax they owe is less than the sum of the total amount of the withholding taxes and estimated taxes that they paid, plus the refundable tax credits that they claim. (Tax refunds are money given back at the end of the financial year.)" [Tax refund. Wikipedia] The business infographic example "How Australians spend their tax refunds" was designed using ConceptDraw PRO diagramming and vector drawing software extended with the Business and Finance solution from Illustration area of ConceptDraw Solution Park.