Taxation Strategies
PostgraduateTAS-BFA6092024
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- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
- Start dates
- 22 July 2024
- Loan available
- FEE-HELP available
Taxation Strategies
About this subject
Upon completion of this subject, the student should be able to:
- Explain the legal concepts and principles underlying the taxation system in Australia.
- Assess the boundaries of tax planning incorporating sustainable taxation behaviour and the consequences of tax avoidance or tax evasion.
- Compare different business structures making suitable recommendations from a taxation point of view.
- Develop tax research skills and knowledge to solve advice related taxation problems.
- Evaluate the requirements of the Tax Practitioners Board requirements for giving tax advice as a financial planner.
- Introduction to the Australian Taxation System, Residence and Assessable income
- Deductions - general and specific
- Capital Gains Tax and Small Business Concessions
- Tax Offsets and Imputation Credits
- Tax Planning, Tax Avoidance and Tax Administration
- Taxation Strategies
- Superannuation and Salary Sacrifice
- Companies, Partnerships and Trusts
- Asset Protection and Use of Trusts
- Tax Advisor Ethics
- Taxation Issues with Estate Planning
This subject is intended to help you understand the nature of taxation and the taxation system in Australia. The subject introduces you to the core concepts in Australian taxation and identifies the framework (both legal and administrative) behind such 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 including an introduction to fringe benefits tax and goods and services tax. Although tax is an important component of an investor’s financial planning process, it is only one of the many factors that need to be considered. The application of tax planning strategies to a taxpayer should only be considered after a full needs analysis has been conducted.
- Take Home Exam (40%)
- Test - Short Essay Questions (30%)
- Research Case Study (30%)
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-MFP-GDI-2024 - Graduate Diploma of Financial Planning
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 Financial Planning
PostgraduateTAS-MFP-GDI