units

BTW2301

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedSouth Africa Second semester 2012 (Day)
Coordinator(s)Mr Adrian Pilley

Synopsis

An introduction to the principles of the taxation, including an examination of: gross income, special inclusions, exempt income, allowable deductions, special deductions, fringe benefits, retirement benefits and the taxation of individuals, focusing on the South African tax law. This unit is a requirement for those students following the route to the qualification of a Chartered Accountant (South Africa).

Outcomes

The learning goals associated with this unit are to:

  1. describe and explain various aspects of the South African taxation system
  2. determine what is included in taxable income
  3. evaluate and determine what is exempt from taxable income
  4. identify and calculate the special and general deductions that are allowed against taxable income
  5. identify and describe fringe benefits and calculate how they are taxed
  6. identify and describe retirement benefits and calculate how they are taxed
  7. calculate the tax payable for individuals and other entities.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Adrian Pilley

Prerequisites

BTW1201 and AFW1002