units

BTF5235

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Business Law and Taxation
OfferedNot offered in 2015
Coordinator(s)Dr Ken Devos

Synopsis

The Workplace and Investment Taxation Unit introduces students to CGT and GST issues, which flow from making investments. It provides students with a thorough analysis of the main types of entity structures from an investment perspective. Specific topics include: the taxation of partnerships, trusts, companies and shareholders. The unit covers the most common taxation issues faced by employees, contractors and employers in the workplace. Also covered are tax administration, employee/contractor distinction, the Personal Services Income (PSI) regime, salary packaging, superannuation and employee share schemes (ESS).

Outcomes

The learning goals associated with this unit are to:

  1. apply the CGT and GST legislation to investment problems and identify solutions
  2. explain implications and calculate taxable income received by partnerships, trusts, companies, contractors and investors
  3. describe the administrative aspects of the income tax system
  4. explain the tax implications of superannuation and employee share schemes provided by employers
  5. 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: 70%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Ken Devos

Prerequisites

BTF5965

Prohibitions

BTF4230, BTF5230, BTF4240, BTF5240