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ACC00717 - Taxation Law and Practice (2018)

2014 | 2015 | 2016 | 2017 | 2018

Availabilities:

LocationDomesticInternational
Gold Coast Session 3 Session 3
Melbourne N/A Session 3
Online Session 3 Session 3
Papua New Guinea - Air Niugini N/A Session 3
Perth N/A Session 3
Sydney N/A Session 3

Unit aim

Introduces the law and practice of taxation in Australia and the inter-relationship between these taxes. Taxes levied on different entity types by the Commonwealth and the States will be covered. The unit also covers taxation administration and related information systems. By engaging in teacher directed activities, students will build taxation knowledge, application and communication skills. 

Unit content

This unit develops a working knowledge of Australian Taxation legislation including  Fringe Benefits Tax Assessment Act 1986, the Income Tax Assessment Act 1936 (ITAA 1936), the Income Tax Assessment Act 1997 (ITAA 1997), Taxation Administration Act 1953 (TAA 1953), Tax Agent Services Act 2009 (TASA).

Topic 1: Introduction to taxation law

Topic 2: Payroll systems, PAYG and payment summaries

Topic 3: Goods and Services Tax and other taxes

Topic 4: Fringe Benefits Tax

Topic 5: Concepts of income

Topic 6: Statutory income and exempt income

Topic 7: Capital Gains Tax

Topic 8: General deductions

Topic 9: Specific deductions

Topic 10: Tax accounting, taxation of individuals and software

Topic 11: Taxation of entities

Topic 12: Taxation administration, tax agents and ethics

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

Learning outcomes and graduate attributes

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 communicate diverse and technical tax information to client taxpayers
2 apply and discuss the principles of the law and practice of income taxation in Australia as it applies to individual and small business taxpayers
3 describe the principles of the goods and services tax (GST), fringe benefits tax, the wine tax, the luxury car tax and the fuel tax, and state-based taxes including payroll tax, stamp duty and land tax
4 solve specific taxation questions and problems in the areas of income tax, fringe benefits tax and goods and services tax
5 use information systems in taxation practice including the preparation of a Business Activity Statement (BAS), Instalment Activity Statement (IAS) and an individual Income Tax return
6 explain the statutory and professional obligations of a tax agent and how these obligations influence practitioner conduct.

On completion of this unit, students should be able to:

  1. communicate diverse and technical tax information to client taxpayers
    • GA6: Communication and social skills
  2. apply and discuss the principles of the law and practice of income taxation in Australia as it applies to individual and small business taxpayers
    • GA4: Knowledge of a discipline
    • GA5: Lifelong learning
  3. describe the principles of the goods and services tax (GST), fringe benefits tax, the wine tax, the luxury car tax and the fuel tax, and state-based taxes including payroll tax, stamp duty and land tax
    • GA4: Knowledge of a discipline
  4. solve specific taxation questions and problems in the areas of income tax, fringe benefits tax and goods and services tax
    • GA4: Knowledge of a discipline
    • GA5: Lifelong learning
  5. use information systems in taxation practice including the preparation of a Business Activity Statement (BAS), Instalment Activity Statement (IAS) and an individual Income Tax return
    • GA5: Lifelong learning
  6. explain the statutory and professional obligations of a tax agent and how these obligations influence practitioner conduct.
    • GA4: Knowledge of a discipline
    • GA5: Lifelong learning

Prescribed texts

Session 3

  • Prescribed text information is not currently available.

Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS and supporting working papers 15%
Prepare an Individual Tax Return, working papers and letter to client 35%
Exam: closed book 50%

Melbourne

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS and supporting working papers 15%
Prepare an Individual Tax Return, working papers and letter to client 35%
Exam: closed book 50%

Online

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Prepare a BAS and supporting working papers 15%
Prepare an Individual Tax Return, working papers and letter to client 35%
Exam: closed book 50%

Papua New Guinea - Air Niugini

Teaching method
Workshop on-site
Assessment
Prepare a BAS and supporting working papers 15%
Prepare an Individual Tax Return, working papers and letter to client 35%
Exam: closed book 50%

Perth

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS and supporting working papers 15%
Prepare an Individual Tax Return, working papers and letter to client 35%
Exam: closed book 50%

Sydney

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Prepare a BAS and supporting working papers 15%
Prepare an Individual Tax Return, working papers and letter to client 35%
Exam: closed book 50%

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

From the 1st of June, 2017, the term 'Distance Education' has been replaced with 'Online'

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2018 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.