BTF5235 - Workplace and investment taxation - 2018

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).

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.

Within semester assessment: 40% + Examination: 60%

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