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LocationDomesticInternational
Gold Coast
MelbourneN/A
Online
PerthN/A
SydneyN/A

Unit description

Introduces the law and practice of taxation in Australia and the inter-relationship between these taxes. Taxes levied on different entity types by the Commonwealth and the States will be covered. The unit also covers taxation administration and related information systems. By engaging in teacher-directed activities, students will build taxation knowledge, application and communication skills. 

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: Introduction to taxation law

Topic 2: Payroll systems, PAYG and 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 and software

Topic 11: Taxation of entities

Topic 12: Taxation administration, tax agents and 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 diverse and technical tax information to client taxpayers
2apply and discuss 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 tax and the fuel tax, and state-based taxes including payroll tax, stamp duty and land tax
4solve specific taxation questions and 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 these obligations influence practitioner conduct.

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

  1. communicate diverse and technical tax information to client taxpayers
  2. apply and discuss 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 tax and the fuel tax, and state-based taxes including payroll tax, stamp duty and land tax
  4. solve specific taxation questions and 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 these obligations influence practitioner conduct.

Prescribed texts

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

Teaching and assessment

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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