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Gold Coast
Melbourne
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Perth
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Unit description

Introduces students to Commonwealth and State taxation laws, with emphasis on general principles and application of each type of tax, and the role of the accountant in the administration of taxation. Students will engage in teacher-directed activities that focus on the interpretation, application and communication of particular taxation aspects governing different entity types.

Unit content

This unit develops a working knowledge of Australian Taxation legislation including Fringe Benefits Tax Assessment Act 1986, the Income Tax Assessment Act 1936 (ITAA 1936), the Income Tax Assessment Act 1997 (ITAA 1997), Taxation Administration Act 1953 (TAA 1953), Tax Agent Services Act 2009 (TASA).

Topic 1: Overview of Australian income tax

Topic 2: Payroll Systems, PAYG & payment summaries

Topic 3: Goods and Services Tax and other taxes

Topic 4: Fringe Benefits Tax

Topic 5: Concepts of income

Topic 6: Statutory income and exempt income

Topic 7: Capital Gains Tax

Topic 8: General deductions

Topic 9: Specific deductions

Topic 10: Tax accounting, taxation of individuals & software

Topic 11: Taxation of entities

Topic 12: Taxation administration, tax agents & ethics

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.

On completion of this unit, students should be able to:
1communicate tax information to client taxpayers
2apply the principles of the law and practice of income taxation in Australia as it applies to individual and small business taxpayers
3describe the principles of the goods and services tax (GST), fringe benefits tax, the wine tax, the luxury car and the fuel tax and state-based taxes including payroll tax, stamp duty, and land tax
4solve specific taxation problems in the areas of income tax, fringe benefits tax and goods and services tax
5use information systems in taxation practice including the preparation of a Business Activity Statement (BAS), Instalment Activity Statement (IAS) and an individual income Tax return
6explain the statutory and professional obligations of a tax agent and how they influence practitioner conduct in routine contexts

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

  1. communicate tax information to client taxpayers
  2. apply the principles of the law and practice of income taxation in Australia as it applies to individual and small business taxpayers
  3. describe the principles of the goods and services tax (GST), fringe benefits tax, the wine tax, the luxury car and the fuel tax and state-based taxes including payroll tax, stamp duty, and land tax
  4. solve specific taxation problems in the areas of income tax, fringe benefits tax and goods and services tax
  5. use information systems in taxation practice including the preparation of a Business Activity Statement (BAS), Instalment Activity Statement (IAS) and an individual income Tax return
  6. explain the statutory and professional obligations of a tax agent and how they influence practitioner conduct in routine contexts

Prescribed texts

  • Sadiq, K, Black, C, Hanegbi, R, Jogarajan, S, Krever, R, Obst, W & Ting, A, 2020, Principles of Taxation Law 2020, Thomson Reuters (Professional) Australia Limited, Pyrmont, NSW.

  • Prescribed text information is not currently available.
Prescribed texts may change in future teaching periods.

Teaching and assessment

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS, supporting workpapers, and complete online test.15%
Prepare an Individual Tax Return, working papers, video letter to client, and complete online test.35%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS, supporting workpapers, and complete online test.15%
Prepare an Individual Tax Return, working papers, video letter to client, and complete online test.35%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Prepare a BAS, supporting workpapers, and complete online test.15%
Prepare an Individual Tax Return, working papers, video letter to client, and complete online test.35%
Exam: closed book50%

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS, supporting workpapers, and complete online test.15%
Prepare an Individual Tax Return, working papers, video letter to client, and complete online test.35%
Exam: closed book50%

Teaching method
Tutorial on-site 2 hours (12 weeks)
Lecture online 1 hour (12 weeks)
Assessment
Prepare a BAS, supporting workpapers, and complete online test.15%
Prepare an Individual Tax Return, working papers, video letter to client, and complete online test.35%
Exam: closed book50%
Notice

Intensive offerings may or may not be scheduled in every teaching period. 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 teaching period.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.

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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