BTF4240 - Taxation of employees and contractors

Leader: Mr Bill Orow

Offered

Caulfield Second semester 2007 (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

The learning objectives of this unit are to:

• Analyse the nature and scope of the law pertaining to employees and independent contractors;
• Explain the taxation of gains and profits generated by employees and independent contractors;
• Explain administrative aspects of the system such as the PAYG system;
• Explain payroll tax and other levies, employee deductions; fringe benefits; superannuation, share schemes and remuneration planning
• Identify developments, statutory and judicial, pertaining to the taxation of employees and independent 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