Availabilities:

Not currently available in 2020

Unit description

Introduces the law and practice of taxation in Australia and the inter-relationship between these taxes. Its major emphasis is on income tax as it applies to individual taxpayers, as this is currently the most significant source of government revenue. Other taxes that will be studied include fringe benefits tax, the goods and services tax (GST) and state-based taxes. By studying this unit students should attain a basic working knowledge of the taxes that are levied by the Commonwealth and the States. This unit also examines some of the principles behind a good tax system and the administration of taxation in Australia.

Unit content

Topic 1: Overview of Australian income tax, Tax Accounting and Tax Planning
Topic 2: Assessable Income and Exempt Income
Topic 3: General deductions and Specific Deductions
Topic 4: Capital Gains Tax
Topic 5: Taxation of individuals, including Administrative Aspects
Topic 6: Goods and Services Tax, Fringe Benefits Tax and Other Taxes

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.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1discuss and communicate the principles of a good tax system and apply these principles to your analyses of changes to the tax system in AustraliaKnowledge of a disciplineLifelong learning
2develop a working knowledge of the law and practice of income taxation as it applies to individual and small business taxpayers in AustraliaEthical practiceKnowledge of a discipline
3explain the principles and application of fringe benefits tax and the goods and services tax (GST)Ethical practiceKnowledge of a discipline
4solve specific taxation questions and problems in the areas of income tax, fringe benefits tax and goods and services tax with reference to the legislation and judicial cases.Ethical practiceKnowledge of a disciplineLifelong learning

On completion of this unit, students should be able to:

  1. discuss and communicate the principles of a good tax system and apply these principles to your analyses of changes to the tax system in Australia
    • GA4: Knowledge of a discipline
    • GA5: Lifelong learning
  2. develop a working knowledge of the law and practice of income taxation as it applies to individual and small business taxpayers in Australia
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
  3. explain the principles and application of fringe benefits tax and the goods and services tax (GST)
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
  4. solve specific taxation questions and problems in the areas of income tax, fringe benefits tax and goods and services tax with reference to the legislation and judicial cases.
    • GA3: Ethical practice
    • GA4: Knowledge of a discipline
    • GA5: Lifelong learning

Teaching and assessment

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 2020 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.

+