BTF4240

Taxation of employees and contractors ( 6 points, SCA Band 3, 0.125 EFTSL)

Leader: Mr Wayne Gumley

Offered:
Caulfield Second semester 2005 (Evening)

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: Upon completion of this unit, students should be able to: understand the manner in which the taxation system applies to remuneration from employment and other contracts for personal services; develop sound knowledge of the statutory and case law as well as administrative rulings of the Australian Taxation Office and State Revenue Office that relate to the taxation of employees and contractors; apply the relevant principles to specific employment and other personal services arrangements; and conduct relevant research of possible new developments in the law relating to the taxation of employees and contractors.

Assessment: Optional research assignment (3000 words): 30% + Examination (3 hours, Open book/take home): 70% or 100%

Contact Hours: Three hours per week on-campus and/or intensive mode over summer (both 39 hours in total)

Prerequisites: BTX5651

Prohibitions: BTF4560, BTF5540, BTF5240