6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Ms Nance Frawley (First semester)
Mr Jonathan Teoh (Trimester A)
Mr Toan Le (Trimester B and C)
Ms Nance Frawley (Caulfield)
Mr Jonathan Teoh (City)
- First semester 2018 (On-campus)
- Second semester 2018 (On-campus)
- Trimester A 2018 (On-campus)
- Trimester B 2018 (On-campus)
- Trimester C 2018 (On-campus)
Assessable income and exempt income; deductions; capital gains tax; fringe benefits tax; goods and services tax; residence and source; individual offsets.
The learning goals associated with this unit are to:
- identify conceptual structures in the core income tax provisions and apply them in an ordered approach
- understand fundamental tax concepts to determine income and deductions, and together with appropriate judicial principles, apply them to personal, business and property scenarios
- calculate income tax, CGT and GST liabilities; and the taxable value of fringe benefits
- understand the operation of the taxation system; the interaction of GST with other taxes; and some tax accounting principles.
Within semester assessment: 40% + Examination: 60%
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
See also Unit timetable information