Authorised by Academic Registrar, April 1996
Objectives On the completion of this subject students should be able to demonstrate an understanding of how the tax treatment of different types of income and different taxpayers provides opportunities to legitimately minimise tax; appreciate the constraints placed upon taxpayers splitting income; determine how employees should structure salary packages.
Synopsis General tax planning strategies; anti-avoidance legislation; employee deductions; superannuation; salary packaging; negative gearing, income splitting; choice of investment; choice of business structure; financing business assets; sale and purchase of businesses.
Assessment Assignment (2500 words): 30% + Examination (3 hours open-book): 70%