Availabilities:

2021 unit offering information will be available in November 2020

Unit description

Introduces students to the Australian tax system. This subject seeks to provide you with an understanding and knowledge of the theory and practice of tax law in Australia. More specifically, this subject is designed to enable you to understand the major types of taxes in Australia, including the income taxation regime, the Goods and Services Tax, Fringe Benefits and Capital Gains Taxes. Taxation of companies, partnerships, trusts and some aspects of international taxation are also considered. In addition, this subject aims to enable you to comprehend the impact that various taxes have on business, individual decisions and consequent tax planning.

Unit content

Topic 1: Foundation of Taxation

Topic 2: Income

Topic 3: Capital Gains Tax

Topic 4: Deductions

Topic 5: FBT and GST

Topic 6: Taxation of Different Business Structures

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
1Recognise the structure of the tax system and identify taxes in AustraliaIntellectual rigourKnowledge of a discipline
2Understand and analyse the key principles and features of income tax and deductionsKnowledge of a discipline
3Identify and analyse the various aspects of taxation of companies, trusts and partnerships Intellectual rigourKnowledge of a discipline
4Recognise and analyse the legal issues related to CGT, FBT and GSTIntellectual rigourKnowledge of a discipline
5Develop high level analytical skills in the use and reading of cases, statutes and other tax law material and apply these skills in complex tax fact situations to the resolution of these issuesIntellectual rigourKnowledge of a disciplineCommunication and social skills

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

  1. Recognise the structure of the tax system and identify taxes in Australia
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  2. Understand and analyse the key principles and features of income tax and deductions
    • GA4: Knowledge of a discipline
  3. Identify and analyse the various aspects of taxation of companies, trusts and partnerships
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  4. Recognise and analyse the legal issues related to CGT, FBT and GST
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
  5. Develop high level analytical skills in the use and reading of cases, statutes and other tax law material and apply these skills in complex tax fact situations to the resolution of these issues
    • GA1: Intellectual rigour
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills

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 2021 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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