Leader: Mr Ken Devos (Semester 1), Mr Anthony Van Der Westhuysen (Semester 2).
Offered
Clayton First semester 2008 (Day)
Clayton Second semester 2008 (Day)
Synopsis
An introduction to Australian taxation. Topics include assessable income; capital gains; GST; FBT; allowable deductions including repairs, deductions and substantiation; taxation of companies and their shareholders; administrative provisions including objections, appeals and self-assessment; and anti-avoidance provisions.
Objectives
The learning objectives of this unit are to:
- Analyse and apply the appropriate taxation law for various income and capital receipts in given fact situations;
- Analyse and apply the appropriate taxation law for both general and specific deductions in given fact situations;
- Calculate the taxable value of various fringe benefits;
- Define and apply the principles of the imputation system at both the shareholder and company level;
- Describe the major elements of both the GST and Tax Administration systems.
Assessment
Clayton campus - Within semester assessment: 30%
Examination (3 hours, open book): 70% Prato - Within semester assessment: 30%
Examination (3 hours, open book): 70%
Contact hours
Clayton - 3 hours per week
Prato - block mode
Prerequisites
BTC1110
Prohibitions
BTF2931, BTF3931, BTW3221
