CQUniversity Unit Profile
LAWS19033 Taxation Law and Practice A
Taxation Law and Practice A
All details in this unit profile for LAWS19033 have been officially approved by CQUniversity and represent a learning partnership between the University and you (our student).
The information will not be changed unless absolutely necessary and any change will be clearly indicated by an approved correction included in the profile.
General Information

Overview

The Constitution and taxation power; the taxing formula; the concept, source and derivation of income at ordinary concepts; exempt income; non-assessable non-exempt income; allowable deductions; tax rates, tax offsets and levies; statutory inclusions in income including capital gains, trading stock; fringe benefits tax; goods and services tax; taxation of companies; partnerships and trusts; administrative provisions.

Details

Career Level: Undergraduate
Unit Level: Level 3
Credit Points: 6
Student Contribution Band: 10
Fraction of Full-Time Student Load: 0.125

Pre-requisites or Co-requisites

Prerequisite (ACCT11059 or ACCT11057) and (LAWS11030 or LAWS19031 or LAWS11054)

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Offerings For Term 1 - 2022

Brisbane
Melbourne
Online
Sydney

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Class and Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Class Timetable

Bundaberg, Cairns, Emerald, Gladstone, Mackay, Rockhampton, Townsville
Adelaide, Brisbane, Melbourne, Perth, Sydney

Assessment Overview

1. Written Assessment
Weighting: 40%
2. Online Quiz(zes)
Weighting: 60%

Assessment Grading

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%). Consult the University’s Grades and Results Policy for more details of interim results and final grades.

Previous Student Feedback

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Feedback from student feedback

Feedback

Consistency in Moodle pages

Recommendation

All materials on Moodle to be clearly and consistently named.

Feedback from Student feedback

Feedback

Worked example in study guides

Recommendation

Additional worked examples to be included in study guides.

Unit Learning Outcomes
On successful completion of this unit, you will be able to:
  1. Describe at a basic level the Australian income taxation system
  2. Explain the main concepts and principles of Australian income taxation law
  3. Apply taxation laws and prepare income tax returns of moderate complexity for individual taxpayers, companies, partnerships and trusts
  4. Discuss a range of other taxes in the Australian taxation regime, including fringe benefits tax and goods and services tax.
Alignment of Learning Outcomes, Assessment and Graduate Attributes
N/A Level
Introductory Level
Intermediate Level
Graduate Level
Professional Level
Advanced Level

Alignment of Assessment Tasks to Learning Outcomes

Assessment Tasks Learning Outcomes
1 2 3 4
1 - Written Assessment - 40%
2 - Online Quiz(zes) - 60%

Alignment of Graduate Attributes to Learning Outcomes

Graduate Attributes Learning Outcomes
1 2 3 4
1 - Communication
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
5 - Team Work
6 - Information Technology Competence
7 - Cross Cultural Competence
8 - Ethical practice
9 - Social Innovation
10 - Aboriginal and Torres Strait Islander Cultures

Alignment of Assessment Tasks to Graduate Attributes

Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Written Assessment - 40%
2 - Online Quiz(zes) - 60%
Textbooks and Resources

Textbooks

Prescribed

Principles of Taxation Law 2022

(2022)
Authors: Kerrie Sadiq et al
Thomson Reuters
Pyrmont Pyrmont , Australia
ISBN: 9780455245751
Binding: Paperback
Prescribed

Tax Questions and Answers 2022

(2022)
Authors: C. Mortimer and S. Toutountzis
Thomson Reuters
Pyrmont Pyrmont , NSW , Australia
ISBN: 9780455245782
Binding: Paperback

Additional Textbook Information

These two textbooks are required and should be purchased as a pack to save money. Ensure that you are purchasing Thomson Reuters' Tax Pack 15 ISBN 9780455246369. See the CQUni Bookshop here: http://bookshop.cqu.edu.au

IT Resources

You will need access to the following IT resources:
  • CQUniversity Student Email
  • Internet
  • Unit Website (Moodle)
  • Webcam and headset for online meetings.
  • Zoom (both microphone and webcam capability)
Referencing Style

All submissions for this unit must use the referencing styles below:

For further information, see the Assessment Tasks.

Teaching Contacts
John McLaren Unit Coordinator
j.mclaren@cqu.edu.au
Kirsty Abbott Unit Coordinator
k.unger@cqu.edu.au
Schedule
Week 1 Begin Date: 07 Mar 2022

Module/Topic

Introduction to taxation law in Australia

Chapter

Principles of Taxation Law 2022: Chapters 1, 2 and 3 

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 2 Begin Date: 14 Mar 2022

Module/Topic

Residency and source

Chapter

Principles of Taxation Law 2022: Chapter 4

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 3 Begin Date: 21 Mar 2022

Module/Topic

Introduction to assessable income: income from personal services/ employment, income from business/ income from property and principles of compensation

Chapter

Principles of Taxation Law 2022: Chapters 5, 6, 8, 9 and 10

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 4 Begin Date: 28 Mar 2022

Module/Topic

Allowable deductions - General deductions

Chapter

Principles of Taxation Law 2022: Chapter 12

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 5 Begin Date: 04 Apr 2022

Module/Topic

Allowable deductions - Specific deductions and capital allowances

Chapter

Principles of Taxation Law 2022: Chapters 13 and 14

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Vacation Week Begin Date: 11 Apr 2022

Module/Topic

Chapter

Events and Submissions/Topic

Week 6 Begin Date: 18 Apr 2022

Module/Topic

Taxation of special categories of assets: Capital gains and trading stock

Chapter

Principles of Taxation Law 2022: Chapters 11 and 17

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Mid term written assessment Due: Week 6 Friday (22 Apr 2022) 11:55 pm AEST
Week 7 Begin Date: 25 Apr 2022

Module/Topic

Tax rates, tax offsets and the Medicare levy

Chapter

Principles of Taxation Law 2022: Chapters 3 (revision) and 15


Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 8 Begin Date: 02 May 2022

Module/Topic

Introduction to company taxation

Chapter

Principles of Taxation Law 2022: Chapter 21

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 9 Begin Date: 09 May 2022

Module/Topic

Taxation of partnerships and trusts

Chapter

Principles of Taxation Law 2022: Chapters 19 and 20

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 10 Begin Date: 16 May 2022

Module/Topic

Tax Administration: Returns and assessments, tax collection,tax records, reporting, penalties and offenses

Chapter

Principles of Taxation Law 2022: Chapter 24

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 11 Begin Date: 23 May 2022

Module/Topic

Other taxes: FBT

Chapter

Principles of Taxation Law 2022: Chapter 7

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Week 12 Begin Date: 30 May 2022

Module/Topic

Other taxes: GST


Revision

Chapter

Principles of Taxation Law 2022: Chapter 25

Tax Questions and Answers: see Moodle

Events and Submissions/Topic

Review/Exam Week Begin Date: 06 Jun 2022

Module/Topic

Chapter

Events and Submissions/Topic

Exam Week Begin Date: 13 Jun 2022

Module/Topic

Chapter

Events and Submissions/Topic

Assessment Tasks

1 Written Assessment

Assessment Title
Mid term written assessment

Task Description

This assessment item is an individual written assignment worth 40% of the total unit mark. It covers aspects of the unit covered in Weeks 1 to 5 of the term. These weeks introduce several key concepts of taxation law, including residency, assessable income and allowable deductions. This assessment is designed to allow students to demonstrate an understanding of these key concepts and apply same in hypothetical scenarios. The total word count for the assignment will not be more than 2000 words, and will consist of two parts. Further details regarding the assignment will be provided on the Moodle site for the unit at the start of the term.


Assessment Due Date

Week 6 Friday (22 Apr 2022) 11:55 pm AEST

Assignments submitted after the due date, Friday of Week 6 (or a date approved by the unit coordinator after an online extension application) will incur a penalty of 5% of the total marks available for the assignment per day in accordance with CQU policy.


Return Date to Students

Week 8 Friday (6 May 2022)

Assignments that are submitted by the due date will be returned on or before Friday of Week 8. Please note that assignments which are submitted after the due date may be returned after this time.


Weighting
40%

Assessment Criteria

The assignment will be assessed using the following criteria:

  1. Problem solving: students are required to demonstrate problem solving skills by identifying and applying relevant legal rules and principles to a fact scenario.
  2. Critical thinking: students are required to demonstrate critical thinking by analysing, applying and evaluating facts and law in a problem solving context.
  3. Information literacy: students are required to demonstrate information literacy by identifying, understanding and applying legal rules and principles in a taxation law scenario.
  4. Writing and presentation: students are required to submit answers with a clear writing style that uses appropriate grammar and expression. Ideas and arguments are to be presented in a logical structure and order.
  5. Referencing: students must use appropriate referencing when using secondary materials (for example, ATO guidance products, websites, books or journal articles) legislation and cases.

A marking rubric is available on Moodle.


Referencing Style

Submission
Online

Submission Instructions
This assignment is to be submitted online via Moodle in one (1) Word document only by the due date. It is suggested that where necessary you put your calculations into columns or tables to improve readability of the assignment document. The method of referencing to be used is APA or the Australian Guide to Legal Citation (AGLC) 4th Edition. Additional information regarding this method is available through the library and the Academic Learning Centre. When making a reference, cite the original source or authority in preference to a secondary source such as the textbook, especially when you are discussing various sections of legislation. This means you should make reference to legislation, cases and Tax Rulings as a priority to back up any arguments that you make in your assignment.

Learning Outcomes Assessed
  • Describe at a basic level the Australian income taxation system
  • Explain the main concepts and principles of Australian income taxation law
  • Apply taxation laws and prepare income tax returns of moderate complexity for individual taxpayers, companies, partnerships and trusts


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Information Literacy
  • Ethical practice

2 Online Quiz(zes)

Assessment Title
End of semester quiz

Task Description

The Moodle quiz will be worth 60% of the total unit mark, and will assess weeks 6-12 of the course. It will consist of a mixture of multiple choice, calculation, and short answer questions. The quiz has a time limit of 180 minutes. More details will be provided on Moodle during the term.


Number of Quizzes

1


Frequency of Quizzes

Other


Assessment Due Date

The Moodle quiz will be held during the standard exam period. More details will be provided on Moodle during the term.


Return Date to Students

Results from the online Moodle quiz will be released after certification of grades.


Weighting
60%

Assessment Criteria

The quiz will assess the content from weeks 6 - 12 of the course. The multiple choice questions will be marked automatically based on accuracy. The calculation and short response questions will also be marked based on accuracy, with provision made for awarding part marks.

Overall, the online quiz will assess a number of skills, such as

  • Ability to use a clear writing style that uses appropriate grammar and expression;
  • Ability to identify and apply taxation legislation, case law and ATO guidance materials to a number of different taxpayers, including individuals, companies, trusts and partnerships;
  • Ability to discuss the Australian regulatory framework for taxation;
  • Ability to apply taxation law to solve problems, and/or to answer questions;
  • Ability to reach a conclusion and/or provide advice based on legal analysis; and/or
  • Ability to provide strategic advice to stakeholders regarding the tax issues arising from common scenarios.


Referencing Style

Submission
Online

Submission Instructions
You will be advised during the term how to access the online Moodle quiz

Learning Outcomes Assessed
  • Explain the main concepts and principles of Australian income taxation law
  • Apply taxation laws and prepare income tax returns of moderate complexity for individual taxpayers, companies, partnerships and trusts
  • Discuss a range of other taxes in the Australian taxation regime, including fringe benefits tax and goods and services tax.


Graduate Attributes
  • Communication
  • Problem Solving
  • Critical Thinking
  • Ethical practice

Academic Integrity Statement

As a CQUniversity student you are expected to act honestly in all aspects of your academic work.

Any assessable work undertaken or submitted for review or assessment must be your own work. Assessable work is any type of work you do to meet the assessment requirements in the unit, including draft work submitted for review and feedback and final work to be assessed.

When you use the ideas, words or data of others in your assessment, you must thoroughly and clearly acknowledge the source of this information by using the correct referencing style for your unit. Using others’ work without proper acknowledgement may be considered a form of intellectual dishonesty.

Participating honestly, respectfully, responsibly, and fairly in your university study ensures the CQUniversity qualification you earn will be valued as a true indication of your individual academic achievement and will continue to receive the respect and recognition it deserves.

As a student, you are responsible for reading and following CQUniversity’s policies, including the Student Academic Integrity Policy and Procedure. This policy sets out CQUniversity’s expectations of you to act with integrity, examples of academic integrity breaches to avoid, the processes used to address alleged breaches of academic integrity, and potential penalties.

What is a breach of academic integrity?

A breach of academic integrity includes but is not limited to plagiarism, self-plagiarism, collusion, cheating, contract cheating, and academic misconduct. The Student Academic Integrity Policy and Procedure defines what these terms mean and gives examples.

Why is academic integrity important?

A breach of academic integrity may result in one or more penalties, including suspension or even expulsion from the University. It can also have negative implications for student visas and future enrolment at CQUniversity or elsewhere. Students who engage in contract cheating also risk being blackmailed by contract cheating services.

Where can I get assistance?

For academic advice and guidance, the Academic Learning Centre (ALC) can support you in becoming confident in completing assessments with integrity and of high standard.

What can you do to act with integrity?