--- title: What different types of taxes are there to pay? description: Income Tax – Calculated on the income (or in the case of a business – profit) earned in a financial year. Companies pay a fixed rate for Individuals, the first $18,200 earned is tax-free. Goods and Se --- [Skip to content](https://support.fortunaadvisors.com.au/en/what-different-types-of-taxes-are-there-to-pay#main-content) English Show submenu for translations ![Fortuna logo.png\]](https://support.fortunaadvisors.com.au/hs-fs/hubfs/Fortuna%20logo.png?height=40&name=Fortuna%20logo.png) - [Default HubSpot Blog](https://blog.fortunaadvisors.com.au/) Open main navigation Close main navigation - [Default HubSpot Blog](https://blog.fortunaadvisors.com.au/) - English Show submenu for translations - Fortuna Advisory Group Fortuna Advisory Group Hello. How can we help you? - There are no suggestions because the search field is empty. 1. [Help Center](https://support.fortunaadvisors.com.au/en?hsLang=en) 2. [Tax & Compliance Guides](https://support.fortunaadvisors.com.au/en/tax-compliance-guides?hsLang=en) # What different types of taxes are there to pay? Income Tax – Calculated on the income (or in the case of a business – profit) earned in a financial year. Companies pay a fixed rate for Individuals, the first $18,200 earned is tax-free. Goods and Services Tax (GST) Additional tax levied on Goods and Services.  Capital Gains Tax (CGT) – Tax levied on profits made when selling items of a capital nature (Eg -  sale of an investment property or shares) Fringe Benefits Tax (FBT) – Additional tax paid by employers on benefits provided to their employees Payroll Tax – Tax paid by (larger) employers on the salaries paid to their employees - [Webinars](https://support.fortunaadvisors.com.au/en/webinars?hsLang=en) - [COVID-19 Resources](https://support.fortunaadvisors.com.au/en/covid-19-resources?hsLang=en) - [Business Advisory Guides](https://support.fortunaadvisors.com.au/en/business-advisory-guides?hsLang=en) - [Tax & Compliance Guides](https://support.fortunaadvisors.com.au/en/tax-compliance-guides?hsLang=en) - [Xero Guides](https://support.fortunaadvisors.com.au/en/xero-guides?hsLang=en) - [Legal Advice](https://support.fortunaadvisors.com.au/en/legal-advice?hsLang=en) - [Financial Planning Guides](https://support.fortunaadvisors.com.au/en/financial-planning-guides?hsLang=en) - [Brokerage Guides](https://support.fortunaadvisors.com.au/en/brokerage-guides?hsLang=en) - [Default HubSpot Blog](https://blog.fortunaadvisors.com.au/) [![Chill listening crop-3](https://support.fortunaadvisors.com.au/hs-fs/hubfs/Fortuna%20logo.png?width=85&height=24&name=Fortuna%20logo.png "Chill listening crop-3")](https://support.fortunaadvisors.com.au?hsLang=en) Connect with us on social Copyright © 2026, Fortuna Advisory Group ![](https://px.ads.linkedin.com/collect/?pid=3610066&fmt=gif)