Courses & Units
Taxation BFA391
Cradle Coast, Hobart, Launceston
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 |
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Unit code | BFA391 |
Credit points | 12.5 |
College/School | College of Business & Economics Tasmanian School of Business and Economics |
Discipline | Accounting and Accountability |
Coordinator | Doctor John Minas |
Available as an elective? | |
Delivered By | Delivered wholly by the provider |
Level | Advanced |
Availability
Location | Study period | Attendance options | Available to | ||
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Hobart | Semester 1 | On-Campus | Off-Campus | International International | Domestic Domestic |
Launceston | Accelerated Study Period 3 | On-Campus | Off-Campus | International International | Domestic Domestic |
Cradle Coast | Semester 1 | On-Campus | International | Domestic |
Key
- On-campus
- Off-Campus
- International students
- Domestic students
Key Dates
Study Period | Start date | Census date | WW date | End date |
---|---|---|---|---|
Semester 1 | 22/2/2021 | 23/3/2021 | 12/4/2021 | 30/5/2021 |
Accelerated Study Period 3 | 13/9/2021 | 6/10/2021 | 28/10/2021 | 12/12/2021 |
* 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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2021 are indicative and subject to change. Finalised census dates for 2021 will be available from the 1st October 2020. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
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.
Fee Information
Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
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080101 | $1,812.00 | $1,419.00 | not applicable | $2,702.00 |
- Available as a Commonwealth Supported Place
- HECS-HELP is available on this unit, depending on your eligibility3
- FEE-HELP is available on this unit, depending on your eligibility4
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
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 What is an indicative Fee? to get an indicative course cost.
Requisites
Prerequisites
(BFA141 Commercial Transactions AND BFA104 Accounting Context and Method) OR (BFA104 Accounting Context and Method AND LAW121 Introduction to Law AND LAW122 Legal Systems) OR (BFA104 Accounting Context & Method AND BAA215 Corporate & Business LawTeaching
Teaching Pattern | 1 x 2 hour lecture, 1 x 1 hour tutorial per week. |
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Assessment | Test (15%)|Assignment (25%)|Exam (60%) |
Timetable | View 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. |
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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/ | Links | Booktopia textbook finder |
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.