Australian Tax Law
PostgraduateTAS-BFA7142022
Course information for 2022 intake View information for 2025 course intake
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Loan available
- HECS-HELP and FEE-HELP available
Australian Tax Law
About this subject
Upon completion of this subject, the student should be able to:
- research, interpret and apply taxation law
- examine authentic commercial dealings to identify tax/compliance issues and research to apply tax laws to the issues identified.
- justify orally, explaining tax laws, calculations and findings to case studies
- 1. Week 1
- 1.1) Introduction and income tax basics, residence and source of income.
- 2. Week 2
- 2.1) Tax accounting, income from labour and fringe benefits tax
- 3. Week 3
- 3.1) Income from business and income from property
- 4. Week 4
- 4.1) Capital gains tax
- 5. Week 5
- 5.1) Allowable deductions - general
- 6. Week 6
- 6.1) Specific deductions and capital allowances
- 7. Week 7
- 7.1) Trading stock and tax offsets
- 8. Week 8
- 8.1) Taxation of Partnerships and Trusts
- 9. Week 9
- 9.1) Taxation of Companies and Superannuation
- 10. Week 10
- 10.1) Goods and Services Tax
- 11. Week 11
- 11.1) International Tax
- 12. Week 12
- 12.1) Tax Administration
- 13. Week 13
- 13.1) Revision
This subject introduces students to the core concepts in Australian taxation and identifies the framework (both legal and administrative) behind those concepts. The knowledge gained through this exploration enables the application of the framework to current issues faced by individuals and businesses whilst ensuring compliance with statutory and professional requirements. Basic concepts of assessable income (including capital gains) and allowable deductions are extended through different entity structures with a focus on application to real life scenarios. The subject includes an introduction to Fringe Benefits Tax as well as Goods and Services Tax. Aspects of International tax and tax avoidance issues are also explored.
- Exam (50%)
- Simulation Assignment (1) (25%)
- Simulation Assignment (2) (25%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-PFA-GDI-2022 - Graduate Diploma of Professional Accounting
- TAS-MPA-MAS-2022 - Master of Professional Accounting
Elective
- OUA-PSU-GCE-2022 - Postgraduate Single Subjects
- TAS-FSP-MAS-2022 - Master of Finance (Specialisation)
- TAS-FIN-MAS-2022 - Master of Finance
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Diploma of Professional Accounting
PostgraduateTAS-PFA-GDI
Master of Professional Accounting
PostgraduateTAS-MPA-MAS
PostgraduateOUA-PSU-GCE
Master of Finance (Specialisation)
PostgraduateTAS-FSP-MAS
PostgraduateTAS-FIN-MAS