units

BTF4240

Faculty of Business and Economics

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Monash University Handbook 2010 Undergraduate, Postgraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelUndergraduate, Postgraduate
FacultyFaculty of Business and Economics
OfferedNot offered in 2010
Coordinator(s)Ken Devos

Synopsis

This unit provides a detailed analysis of the taxation of employees and contractors in Australia. Topics include: employer/employee relationship; independent contractors, PAYG collection system; payroll tax and other levies, employee deductions; fringe benefits; superannuation, share schemes and remuneration planning.

Objectives

The learning goals associated with this unit are to:

  • explain the taxation implications of income received by employees and independent contractors in the workplace
  • describe the administrative aspects of the income tax system
  • explain the tax implications of superannuation and employee share schemes provided by employers
  • calculate the tax position of employees and independent contractors in the workplace who receive fringe benefits and other types of remuneration.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book/take-home): 70% or 100%

Contact hours

3 hours per week on-campus and/or intensive mode over summer (both 39 hours in total)

Prerequisites

BTF3931

Prohibitions

BTF5240