Taxation
Duration
- One Semester or equivalent
Contact hours
- 36
On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.
2022 teaching periods
Hawthorn Higher Ed. Semester 2 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Swinburne Online Teaching Period 3 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Aims and objectives
At the completion of this unit students are expected to have a basic understanding of the Income Tax Assessment Acts 1936 and 1997 as amended, the Fringe Benefit Tax Assessment Act 1986 together with those Acts which are complementary to the Assessment Acts.
Students who successfully complete this unit will be able to:
2. Analyse, discuss and resolve issues relating to the determination of assessable income and allowable deductions
3. Explain taxation law that relates to the taxation of individuals and companies
4. Explain taxation law that relates to the taxation of partnerships, trusts and superannuation funds
5. Work collaboratively to analyse and communicate solutions to practical problems and case studies
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Hawthorn
Type | Hours per week | Number of Weeks | Total |
Face to Face Contact Class | 2 | 12 | 24 |
Online Contact Directed Online Learning and Independent Learning | 1 | 12 | 12 |
Unspecified Learning Activities Independent Learning | 9.5 | 12 | 114 |
TOTAL | 150 hours |
Hawthorn and Swinburne Online
Type | Hours per week | Number of Weeks | Total |
Online Contact Directed Online Learning and Independent Learning | 12.5 | 12 | 150 |
TOTAL | 150 hours |
Assessment
1. Assignment (Group) 20 - 30%
2. Online Tests (Individual) 20 - 30% (In-Class test will still occur for Summer Term 2020) and Sarawak semester 1
2. Online Tests (Individual) 20 - 30% (In-Class test will still occur for Summer Term 2020) and Sarawak semester 1
3. Final Examination (Individual) 40 - 60%
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
• Teamwork skills• Problem solving skills
• Analysis skills
• Communication skills
• Ability to tackle unfamiliar problems
• Ability to work independently
Content
• Concepts of income and assessable income
• Distinction between income and capital
• Fringe benefits tax
• Capital gains tax
• Goods and services tax
• Source, residency and derivation
• General and specific deductions; non-deductions
• Companies and shareholders
• Individuals and partnerships
• Taxation of trusts and superannuation and tax strategies in financial planning
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.