units

BTC3150

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 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.

print version

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
Organisational UnitDepartment of Business Law and Taxation
OfferedClayton First semester 2014 (Day)
Clayton Second semester 2014 (Day)
Coordinator(s)Mr Jonathan Teoh

Synopsis

An introduction to Australian taxation. Topics include residence and source; assessable income; capital gains; GST; FBT; allowable deductions including repairs, deductions and substantiation; and individual offsets.

Outcomes

The learning goals associated with this unit are to:

  1. analyse and apply the appropriate taxation law for various income and capital receipts in given fact situations
  2. analyse and apply the appropriate taxation law for both general and specific deductions in given fact situations
  3. calculate the taxable value of various fringe benefits
  4. describe the major elements of both the GST and CGT

To practice as a tax agent in Australia, an accountant is expected to be registered with the Commonwealth Government's Tax Practioner's Board. This unit has been designed to satisfy the requirements of one of two courses required for registration as a tax agent.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Workload requirements

3 hours per week

Prerequisites

Prohibitions