Courses & Units

Taxation BFA391

Cradle Coast, Launceston, Hobart

Introduction

This unit is a compulsory unit in the Accounting Major and is designed to assist you in gaining an understanding of the theoretical concepts that underpin taxation law in Australia. This knowledge is used to develop your skills in the interpretation of taxation legislation, case law and rulings, and their application to different business entities and individuals. You will be required to calculate components of taxable income and different types of tax liability.

Summary

Unit name Taxation
Unit code BFA391
Credit points 12.5
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Accounting and Corporate Governance
Coordinator Doctor John Minas
Available as student elective? Yes
Level Advanced

Availability

Location Study period Attendance options Available to
Cradle Coast Accelerated Study Period 3 On-Campus International Domestic
Cradle Coast Semester 1 On-Campus International Domestic
Launceston Accelerated Study Period 3 On-Campus Off-Campus International International Domestic Domestic
Hobart Semester 1 On-Campus Off-Campus International International Domestic Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 21/2/2022 22/3/2022 11/4/2022 29/5/2022
Accelerated Study Period 3 12/9/2022 5/10/2022 27/10/2022 11/12/2022

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021.

About Census Dates

Learning Outcomes

  • Locate and interpret and explain relevant legislation, cases, rulings and principles of taxation law in Australia
  • Communicate and critique the relevant taxation rules, demonstrating knowledge of the connection between case law and legislation.
  • Apply tax rules to a problem scenario with a given set of facts to reach a conclusion.
  • Perform calculations including income tax, CGT, and FBT liability.
Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
080101 $1,828.00 $1,432.00 not applicable

1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

Please note: international students should refer to this page to get an indicative course cost.

Teaching

Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour tutorial per week.

AssessmentTest (15%)|Exam (60%)|Assignment (25%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

You will need the following texts:

Sadiq, K, Black, C, Hanegbi, R, Jogarajan, S, Krever, R, Obst, W& Ting, A 2020, Principles of Taxation Law, 13th edn, Thomson Reuters, Sydney, NSW. and

Pinto, D, Kendall, K & Sadiq, K 2020, Fundamental Tax Legislation, 28th  edn, Thomson Reuters, Sydney, NSW.

If you choose to use an older version of the text you must take responsibility if you get something incorrect due to the text being out of date.

Recommended

In addition to the texts recommended above, you are also expected to be familiar with the key academic journals in the discipline from which useful insights may be derived. In particular, you are encouraged to review regularly the relevant papers that are published in: 

Australian Tax Forum 

eJournal of Tax Research 

Journal of the Australiasian Tax Teachers Association 

The following websites can provide useful resources for tutorial preparation and the assignment: 

Australian Taxation Office (ATO): https://www.ato.gov.au/https://www.ato.gov.au/ 

ATO Legal Database: https://www.ato.gov.au/Law/#Lawhttps://www.ato.gov.au/Law/#Law 

Australian Legal Information Institute (austlii): http://www.austlii.edu.au/http://www.austlii.edu.au/ 

The Taxation Institute: https://www.taxinstitute.com.au/https://www.taxinstitute.com.au/ 

Tax and Super Australia Inc: https://www.taxandsuperaustralia.com.au/https://www.taxandsuperaustralia.com.au/ 

The University library has many resources including access to a detailed tax database - Checkpoint.   

This database has complete legislation, cases and rulings as well as search functions and great links to keep you up-to-date with current issues in tax. To access the database go to the library website then to databases and search under “C” for Checkpoint in the alphabetic listing. Guides to using the database can be found at  http://taxtraining.thomsonreuters.com.au/products/checkpoint/ 

LinksBooktopia textbook finder

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.