Taxation

Course code ACFI3004
Available in 2015
2015 Course Timetables

Description

Australian income tax laws are complex and varied. This course introduces you to Australian income tax laws with specific emphasis on how to access provisions of the Income Tax Assessment Act and related legislation. In addition you will be made aware of tax planning issues that exist in relevant personal and business environments and learn how to communicate technical tax information to client taxpayers. The graduate qualities of problem solving, decision making and communication are enhanced throughout.

Availability

Callaghan Campus

  • Semester 1 - 2015

Ourimbah

  • Semester 1 - 2015

UoN Singapore

  • Trimester 2 - 2015 (Singapore)

Learning Outcomes

1. Demonstrate specific knowledge of Australian Income Tax Laws.

2. Access provisions of the Income Tax Assessment Act and related legislation.

3. Analyse, evaluate and synthesise information to solve tax problems.

4. Recognise, interpret and investigate tax planning issues in particular factual situations.

5. Communicate technical tax information to client taxpayers.

6. Demonstrate a practical knowledge of professional ethics and standards.

Content

Lectures may include, but are not restricted to, the following topics:

  1. International Taxation
  2. Assessable Income Ordinary Income
  3. Assessable Income Other Issues
  4. Allowable Deductions General Deductions
  5. Allowable Deductions Specific Deductions
  6. Calculation of Individual Taxation
  7. Depreciating Assets
  8. Retirement Payments
  9. Capital Gains Tax
  10. Fringe Benefits Tax
  11. Companies and Partnerships
  12. Good and Services Tax

Assessment Items

Written Assignment: Individual Written Assessment

Quiz: Mid Semester Quiz

Formal Examination: Final Examination

Contact Hours

Lecture

Face to Face On Campus 2 hour(s) per Week for Full Term

Tutorial

Face to Face On Campus 1 hour(s) per Week for 12 Weeks