Unit aim

Introduces the student to the nature and incidence of Commonwealth and State taxation laws, with emphasis being given to the understanding of the general principles and application of each type of tax, and the role of the accountant in the administration of taxation. While the major thrust of the subject is directed towards an understanding of Commonwealth Income Tax, particularly as it applies to the individual taxpayer and small business taxpayer, it also covers other areas of taxation, viz: Goods and Services Tax, Fringe Benefits Tax, and state-based taxes including Payroll Tax, Stamp Duty, and Land Tax.

Unit content

Topic 1 Overview of Australian income tax
Topic 2 Concepts of income
Topic 3 Statutory income and exempt income
Topic 4 Capital Gains Tax
Topic 5 General deductions
Topic 6 Specific deductions
Topic 7 Tax accounting
Topic 8 Taxation of individuals
Topic 9 Fringe Benefits Tax
Topic 10 Goods and Services Tax and other taxes
Topic 11 Taxation administration
Topic 12 Tax Planning and Introduction to taxation of entities

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

Learning outcomes and graduate attributes

Prescribed texts

Session 2

  • Barkoczy, S, 2014, Core Tax Legislation & Study Guide, 17th edn, CCH Australia Ltd, North Ryde. ISBN: 978 1 922215 59 8.
  • Chow, M, 2014, Australian Master Tax Guide, 54th edn, CCH Australia Ltd, North Ryde. ISBN: 978 1 922215 57 4.
  • Nethercott, L, Richardson, G & Devos, K, 2013, Australian Taxation Study Manual: Questions & Suggested Solutions, 23rd edn, CCH Australia Ltd, North Ryde. ISBN: 978 1 922042 92 7.

Session 3

  • Barkoczy, S, 2014, Core Tax Legislation & Study Guide, 17th edn, CCH Australia Ltd, North Ryde. ISBN: 978 1 922215 59 8.
  • Chow, M, 2014, Australian Master Tax Guide, 54th edn, CCH Australia Ltd, North Ryde. ISBN: 978 1 922215 57 4.
  • Nethercott, L, Richardson, G & Devos, K, 2013, Australian Taxation Study Manual: Questions & Suggested Solutions, 23rd edn, CCH Australia Ltd, North Ryde. ISBN: 978 1 922042 92 7.
Prescribed texts may change in future study periods.

Teaching and assessment

Coffs Harbour

Teaching method
Tutorial on-site 2 hours (10 weeks)
Assessment
Online MySCU participation10%
Assignment - short written responses and calculations40%
Exam: closed book50%

Gold Coast

Teaching method
Tutorial on-site 2 hours (10 weeks)
Assessment
Online MySCU participation10%
Assignment - short written responses and calculations40%
Exam: closed book50%

Hong Kong

Teaching method
Structured online learning
Assessment
Online MySCU participation10%
Assignment - short written responses and calculations40%
Exam: closed book50%

Lismore

Teaching method
Tutorial on-site 2 hours (10 weeks)
Assessment
Online MySCU participation10%
Assignment - short written responses and calculations40%
Exam: closed book50%

Online

Teaching method
Lecture online 1 hour (10 weeks)
Assessment
Online MySCU participation10%
Assignment - short written responses and calculations40%
Exam: closed book50%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2014 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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