BTF4240 - Workplace taxation

Leader(s): Ken Devos

Offered

Caulfield First semester 2009 (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 goals associated with this unit are to:

• explain the taxation implications of income received by employees and independent contractors in the workplace
• describe the administrative aspects of the income tax system
• explain the tax implications of superannuation and employee share schemes provided by employers
• calculate the tax position of employees and independent contractors in the workplace who receive fringe benefits and other types of remuneration.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book/take-home): 70% or 100%

Contact hours

3 hours per week on-campus and/or intensive mode over summer (both 39 hours in total)

Prerequisites

BTF3931

Prohibitions

BTF5240