Introduction to Australian Tax Law (Previously BLW22) - 2017

Unit summary

BLW32

  • Level of Study: Undergraduate Level 3
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2016: SP1 , SP3
  • Availability for 2017: SP1 , SP3
  • Assessment: Assessment - Weekly class assessment (10%) , Assignment - Written Assignment (15%) - Learn more

Unit provided by

or
2017 Fees
AUD$
Domestic 1,324.00
HECS 1,324.00
International 1,574.00

This unit was previously known as BLW22.

This unit introduces the Australian tax system and legislation including Income Tax and Goods and Services Tax. Topics covered include determination of income, deductions, uniform capital allowances, Capital Gains Tax, partnerships, reconciliation from accounting profit to taxable or net income, trusts and minors, companies and franking accounts.

Additional Information: There is a mid-Study Period exam in Week 7. If you are unable to sit this exam due to work or personal commitments consider completing this unit in a later Study Period. The mid-Study Period exam is organised through Curtin and if you are in Melbourne, Sydney, Adelaide or India you will be required to sit this exam at a specified invigilation centre. The final exam is arranged by OUA Exam Services.

The unit fee includes $100 for additional assessment associated with accreditation.

Please Note:  If it’s your first time studying a Curtin University unit you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your unit grades will be withheld.

Find out more about the Academic Integrity module.

At the completion of this unit students will be able to:

  1. analyse and apply relevant sections of the income tax assessment acts of 1936 and 1997
  2. calculate taxable income and net tax payable by an individual and sole trader including calculations for net capital gains tax
  3. calculate net income by a trust or partnership entity, including the distribution to beneficiaries or partners
  4. calculate the taxable income of a company, including reconciling accounting profit to taxable profit and franking account
  5. evaluate the Goods and Services Tax (GST) and explain how it applies and undertake basic calculations.
  • Assessment — Weekly class assessment (10%)
  • Assignment — Written Assignment (15%)
  • Invigilated Exam — Final Exam (50%)
  • Invigilated Mid Term Exam (25%)
For more information on invigilated exams see Exams and results

Equivalent units

You cannot enrol in this unit if you have successfully completed any of the following unit(s) because they are considered academically equivalent:

  • BLW22 — Taxation

Mandatory prerequisites

You must have successfully completed the following unit(s) before starting this unit:

If you have completed equivalent study at another university, please contact a Student Advisor for advice.

Prerequisites may be exempted for ICAA or ASCPA. To be considered for waiver, send scanned originals to opencurtin@curtin.edu.au. For complete equivalent study at another uni contact Student Advisor

  • Additional materials — Textbooks, one of which can be taken into the exam.
  • Broadband access — Video iLectures are available. As it is limited by time students must have broadband access.

This unit addresses the following topics.

NumberTopic
1Income
2Deductions
3Capital gains
4Uniform capital allowances
5Partnerships
6Trusts
7Companies
8Goods and Services Tax (GST)
9Tax Practitioners

This unit is delivered using the following methods and materials:

Instructional Methods

  • E-Portfolios
  • Embedded Multimedia
  • Online Quizzes/Tests

Online materials

  • Audio/Video - Streaming
  • FAQs
  • Online Assessment
  • Printable format materials

This unit is a core requirement in the following courses:

This unit is part of a major, minor, stream or specialisation in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbook information for this unit is currently being updated and will be available soon. Please check back regularly for updates. Alternatively, visit the The Co-op website and enter the unit details to search for available textbooks.

Enquire online

Need to ask a question that's best put down in words?
Make an online enquiry.

Enquire now

Ready to enrol?

Start studying this unit now.

or

Got a question?

Get an answer from one of our friendly Student Advisors.