AYN483 Real-World Tax: Law, Logic and Application
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | AYN483 |
|---|---|
| Prerequisite(s): | AYN482 or AYN456 |
| Equivalent(s): | AYN438 or AYQ438 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
Unit Outline: Semester 1 2027, Gardens Point, Internal
| Unit code: | AYN483 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYN482 or AYN456 |
| Equivalent: | AYN438 or AYQ438 |
Overview
This unit builds on your previous knowledge of Business and Corporations Law to introduce the statutory framework of the Australian taxation system. Elements in the determination of taxable income and the levying of income tax are examined, including general and specific categories of assessable income and allowable deductions, capital gains tax, and administration aspects of the tax system. The unit also provides you with a brief overview of the taxation of partnerships, trusts, and companies, the goods and services tax (GST), and fringe benefits tax (FBT). Through practical case analysis, collaborative problem-solving, and digital applications you will develop the skills to apply and interpret tax legislation in real-world scenarios. These skills are essential for tax professionals in advisory and compliance roles. An intermediate unit in the MPA program, AYN483 lays the technical foundations for the capstone unit, in which you will master tax planning.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply an understanding of the Australian income tax framework - including relevant legislation, rulings and determinations - to analyse and respond to real-world tax scenarios. [KS 1.1, HO 2.2]
- Apply technical skills to accurately calculate a taxpayer's taxable income and tax liability using appropriate software, in accordance with Australian tax laws and regulations. [KS 1.2]Relates to: PG Business Capabilities 2027: KS (1.2)
- Demonstrate information literacy and research proficiency to effectively investigate, evaluate, and provide informed recommendations and advice on tax-related matters. [KS 1.1, HO 2.2]
- Work collaboratively to research, analyse, and discuss complex tax-related issues. [TS 4.1, 4.2]
Content
In this unit, you will hone your technical and professional skills in the core components of Australian taxation law, beginning with the statutory framework and administrative processes that govern tax compliance. You will gain insights into the difference between tax planning, tax avoidance, and tax evasion, to support your professional and ethical development into a tax agent. Key topic areas include tax residency and source, assessable income, allowable deductions, capital gains tax, eligible termination payments, and tax accounting.
The unit also explores the taxation of business structures such as sole traders, partnerships, trusts, and companies, alongside the goods and services tax (GST), and fringe benefits tax (FBT). Comparative insights into international tax systems are introduced in selected topics to strengthen your broader contextual understanding.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
Teaching and learning strategies in this unit are designed to facilitate the learning outcomes. Achievement of these outcomes will ensure you have the necessary skills to research and solve tax-related problems, including the use of digital tax lodgment software.
Detailed resources are provided on the unit Canvas site. These include tax legislation, relevant taxation rulings, and tax determinations To reinforce and fully understand each topic, it is essential for you to complete the weekly readings and tasks. Application of this knowledge will then be tested in assessment.
You are expected to engage in unit discussions to ensure your success. Through your active participation in this unit, you will strengthen your understanding of key concepts, critically engage with complex scenarios, and build confidence in applying tax law in practice.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Initial tax consultation and client onboarding
In this assessment, you will assume the role of a tax accountant and evaluate preliminary client information. The objective is to identify any missing details and formulate relevant follow-up questions required to complete your client’s tax return accurately.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Assessment: Final tax return and client meeting
In groups of 3 or 4, you will assume the role of tax accountants and complete a client's tax return. This will involve two parts:
Part A: completion (but not lodging) of an individual income tax return using electronic tax lodgment software.
Part B: participation in a 30-minute VIVA with the unit coordinator and another academic (if possible), focusing on specific aspects of the tax return, how your group collaborated to complete the project, and your individual contribution.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
Part B requires your attendance at your scheduled VIVA.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
This assessment item is based on teamwork and provides evidence of achievement of the associated Unit Learning Outcomes and Course Learning Outcomes. Individual submissions/presentations will not be accepted.
The late submission period does not apply, and no assignment extensions are available: the tax return (Part A) must be submitted before the scheduled VIVA (Part B).
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), KS (1.2), HO (2.2), TS (4.1, 4.2)
Assessment: Final Exam
This examination will assess your understanding of the topics covered throughout the semester.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resources will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Principles of Taxation Law (2026), Thomson Reuters, Pyrmont, N.S.W.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.2): Technical and Technological Skills
Relates to: ULO2, Final tax return and client meeting
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Final tax return and client meeting
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Final tax return and client meeting
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Relates to: ULO2, Final tax return and client meeting - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
Relates to: ULO4, Final tax return and client meeting - Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Relates to: ULO4, Final tax return and client meeting
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Apply technical, digital, and research skills to organise, interpret, and evaluate accountingknowledge and practice to investigate business issues in digitally enhanced environments.
Relates to: ULO2, Final tax return and client meeting - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Demonstrate self-reflection and accountability in applying knowledge and skills for continuous learning and effective professional practice in dynamic business environments.
Relates to: ULO4, Final tax return and client meeting
Unit Outline: Semester 1 2027, Online
| Unit code: | AYN483 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYN482 or AYN456 |
| Equivalent: | AYN438 or AYQ438 |
Overview
This unit builds on your previous knowledge of Business and Corporations Law to introduce the statutory framework of the Australian taxation system. Elements in the determination of taxable income and the levying of income tax are examined, including general and specific categories of assessable income and allowable deductions, capital gains tax, and administration aspects of the tax system. The unit also provides you with a brief overview of the taxation of partnerships, trusts, and companies, the goods and services tax (GST), and fringe benefits tax (FBT). Through practical case analysis, collaborative problem-solving, and digital applications you will develop the skills to apply and interpret tax legislation in real-world scenarios. These skills are essential for tax professionals in advisory and compliance roles. An intermediate unit in the MPA program, AYN483 lays the technical foundations for the capstone unit, in which you will master tax planning.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply an understanding of the Australian income tax framework - including relevant legislation, rulings and determinations - to analyse and respond to real-world tax scenarios. [KS 1.1, HO 2.2]
- Apply technical skills to accurately calculate a taxpayer's taxable income and tax liability using appropriate software, in accordance with Australian tax laws and regulations. [KS 1.2]Relates to: PG Business Capabilities 2027: KS (1.2)
- Demonstrate information literacy and research proficiency to effectively investigate, evaluate, and provide informed recommendations and advice on tax-related matters. [KS 1.1, HO 2.2]
- Work collaboratively to research, analyse, and discuss complex tax-related issues. [TS 4.1, 4.2]
Content
In this unit, you will hone your technical and professional skills in the core components of Australian taxation law, beginning with the statutory framework and administrative processes that govern tax compliance. You will gain insights into the difference between tax planning, tax avoidance, and tax evasion, to support your professional and ethical development into a tax agent. Key topic areas include tax residency and source, assessable income, allowable deductions, capital gains tax, eligible termination payments, and tax accounting.
The unit also explores the taxation of business structures such as sole traders, partnerships, trusts, and companies, alongside the goods and services tax (GST), and fringe benefits tax (FBT). Comparative insights into international tax systems are introduced in selected topics to strengthen your broader contextual understanding.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
Teaching and learning strategies in this unit are designed to facilitate the learning outcomes. Achievement of these outcomes will ensure you have the necessary skills to research and solve tax-related problems, including the use of digital tax lodgment software.
Detailed resources are provided on the unit Canvas site. These include tax legislation, relevant taxation rulings, and tax determinations To reinforce and fully understand each topic, it is essential for you to complete the weekly readings and tasks. Application of this knowledge will then be tested in assessment.
You are expected to engage in unit discussions to ensure your success. Through your active participation in this unit, you will strengthen your understanding of key concepts, critically engage with complex scenarios, and build confidence in applying tax law in practice.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Initial tax consultation and client onboarding
In this assessment, you will assume the role of a tax accountant and evaluate preliminary client information. The objective is to identify any missing details and formulate relevant follow-up questions required to complete your client’s tax return accurately.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Assessment: Final tax return and client meeting
In groups of 3 or 4, you will assume the role of tax accountants and complete a client's tax return. This will involve two parts:
Part A: completion (but not lodging) of an individual income tax return using electronic tax lodgment software.
Part B: participation in a 30-minute VIVA with the unit coordinator and another academic (if possible), focusing on specific aspects of the tax return, how your group collaborated to complete the project, and your individual contribution.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
Part B requires your attendance at your scheduled VIVA.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
This assessment item is based on teamwork and provides evidence of achievement of the associated Unit Learning Outcomes and Course Learning Outcomes. Individual submissions/presentations will not be accepted.
The late submission period does not apply, and no assignment extensions are available: the tax return (Part A) must be submitted before the scheduled VIVA (Part B).
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), KS (1.2), HO (2.2), TS (4.1, 4.2)
Assessment: Final Exam
This examination will assess your understanding of the topics covered throughout the semester.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resources will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Principles of Taxation Law (2026), Thomson Reuters, Pyrmont, N.S.W.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.2): Technical and Technological Skills
Relates to: ULO2, Final tax return and client meeting
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Final tax return and client meeting
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Final tax return and client meeting
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Relates to: ULO2, Final tax return and client meeting - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
Relates to: ULO4, Final tax return and client meeting - Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Relates to: ULO4, Final tax return and client meeting
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Apply technical, digital, and research skills to organise, interpret, and evaluate accountingknowledge and practice to investigate business issues in digitally enhanced environments.
Relates to: ULO2, Final tax return and client meeting - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Demonstrate self-reflection and accountability in applying knowledge and skills for continuous learning and effective professional practice in dynamic business environments.
Relates to: ULO4, Final tax return and client meeting
Unit Outline: Semester 2 2027, Gardens Point, Internal
| Unit code: | AYN483 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYN482 or AYN456 |
| Equivalent: | AYN438 or AYQ438 |
Overview
This unit builds on your previous knowledge of Business and Corporations Law to introduce the statutory framework of the Australian taxation system. Elements in the determination of taxable income and the levying of income tax are examined, including general and specific categories of assessable income and allowable deductions, capital gains tax, and administration aspects of the tax system. The unit also provides you with a brief overview of the taxation of partnerships, trusts, and companies, the goods and services tax (GST), and fringe benefits tax (FBT). Through practical case analysis, collaborative problem-solving, and digital applications you will develop the skills to apply and interpret tax legislation in real-world scenarios. These skills are essential for tax professionals in advisory and compliance roles. An intermediate unit in the MPA program, AYN483 lays the technical foundations for the capstone unit, in which you will master tax planning.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply an understanding of the Australian income tax framework - including relevant legislation, rulings and determinations - to analyse and respond to real-world tax scenarios. [KS 1.1, HO 2.2]
- Apply technical skills to accurately calculate a taxpayer's taxable income and tax liability using appropriate software, in accordance with Australian tax laws and regulations. [KS 1.2]Relates to: PG Business Capabilities 2027: KS (1.2)
- Demonstrate information literacy and research proficiency to effectively investigate, evaluate, and provide informed recommendations and advice on tax-related matters. [KS 1.1, HO 2.2]
- Work collaboratively to research, analyse, and discuss complex tax-related issues. [TS 4.1, 4.2]
Content
In this unit, you will hone your technical and professional skills in the core components of Australian taxation law, beginning with the statutory framework and administrative processes that govern tax compliance. You will gain insights into the difference between tax planning, tax avoidance, and tax evasion, to support your professional and ethical development into a tax agent. Key topic areas include tax residency and source, assessable income, allowable deductions, capital gains tax, eligible termination payments, and tax accounting.
The unit also explores the taxation of business structures such as sole traders, partnerships, trusts, and companies, alongside the goods and services tax (GST), and fringe benefits tax (FBT). Comparative insights into international tax systems are introduced in selected topics to strengthen your broader contextual understanding.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
Teaching and learning strategies in this unit are designed to facilitate the learning outcomes. Achievement of these outcomes will ensure you have the necessary skills to research and solve tax-related problems, including the use of digital tax lodgment software.
Detailed resources are provided on the unit Canvas site. These include tax legislation, relevant taxation rulings, and tax determinations To reinforce and fully understand each topic, it is essential for you to complete the weekly readings and tasks. Application of this knowledge will then be tested in assessment.
You are expected to engage in unit discussions to ensure your success. Through your active participation in this unit, you will strengthen your understanding of key concepts, critically engage with complex scenarios, and build confidence in applying tax law in practice.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Initial tax consultation and client onboarding
In this assessment, you will assume the role of a tax accountant and evaluate preliminary client information. The objective is to identify any missing details and formulate relevant follow-up questions required to complete your client’s tax return accurately.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Assessment: Final tax return and client meeting
In groups of 3 or 4, you will assume the role of tax accountants and complete a client's tax return. This will involve two parts:
Part A: completion (but not lodging) of an individual income tax return using electronic tax lodgment software.
Part B: participation in a 30-minute VIVA with the unit coordinator and another academic (if possible), focusing on specific aspects of the tax return, how your group collaborated to complete the project, and your individual contribution.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
Part B requires your attendance at your scheduled VIVA.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
This assessment item is based on teamwork and provides evidence of achievement of the associated Unit Learning Outcomes and Course Learning Outcomes. Individual submissions/presentations will not be accepted.
The late submission period does not apply, and no assignment extensions are available: the tax return (Part A) must be submitted before the scheduled VIVA (Part B).
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), KS (1.2), HO (2.2), TS (4.1, 4.2)
Assessment: Final Exam
This examination will assess your understanding of the topics covered throughout the semester.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resources will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Principles of Taxation Law (2026), Thomson Reuters, Pyrmont, N.S.W.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.2): Technical and Technological Skills
Relates to: ULO2, Final tax return and client meeting
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Final tax return and client meeting
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Final tax return and client meeting
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Relates to: ULO2, Final tax return and client meeting - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
Relates to: ULO4, Final tax return and client meeting - Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Relates to: ULO4, Final tax return and client meeting
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Apply technical, digital, and research skills to organise, interpret, and evaluate accountingknowledge and practice to investigate business issues in digitally enhanced environments.
Relates to: ULO2, Final tax return and client meeting - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Demonstrate self-reflection and accountability in applying knowledge and skills for continuous learning and effective professional practice in dynamic business environments.
Relates to: ULO4, Final tax return and client meeting
Unit Outline: Semester 2 2027, Online
| Unit code: | AYN483 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | AYN482 or AYN456 |
| Equivalent: | AYN438 or AYQ438 |
Overview
This unit builds on your previous knowledge of Business and Corporations Law to introduce the statutory framework of the Australian taxation system. Elements in the determination of taxable income and the levying of income tax are examined, including general and specific categories of assessable income and allowable deductions, capital gains tax, and administration aspects of the tax system. The unit also provides you with a brief overview of the taxation of partnerships, trusts, and companies, the goods and services tax (GST), and fringe benefits tax (FBT). Through practical case analysis, collaborative problem-solving, and digital applications you will develop the skills to apply and interpret tax legislation in real-world scenarios. These skills are essential for tax professionals in advisory and compliance roles. An intermediate unit in the MPA program, AYN483 lays the technical foundations for the capstone unit, in which you will master tax planning.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply an understanding of the Australian income tax framework - including relevant legislation, rulings and determinations - to analyse and respond to real-world tax scenarios. [KS 1.1, HO 2.2]
- Apply technical skills to accurately calculate a taxpayer's taxable income and tax liability using appropriate software, in accordance with Australian tax laws and regulations. [KS 1.2]Relates to: PG Business Capabilities 2027: KS (1.2)
- Demonstrate information literacy and research proficiency to effectively investigate, evaluate, and provide informed recommendations and advice on tax-related matters. [KS 1.1, HO 2.2]
- Work collaboratively to research, analyse, and discuss complex tax-related issues. [TS 4.1, 4.2]
Content
In this unit, you will hone your technical and professional skills in the core components of Australian taxation law, beginning with the statutory framework and administrative processes that govern tax compliance. You will gain insights into the difference between tax planning, tax avoidance, and tax evasion, to support your professional and ethical development into a tax agent. Key topic areas include tax residency and source, assessable income, allowable deductions, capital gains tax, eligible termination payments, and tax accounting.
The unit also explores the taxation of business structures such as sole traders, partnerships, trusts, and companies, alongside the goods and services tax (GST), and fringe benefits tax (FBT). Comparative insights into international tax systems are introduced in selected topics to strengthen your broader contextual understanding.
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
1.2 Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Higher Order Thinking Skills (HO)
2.1 Critically investigate complex, real-world accounting problems by analysing, evaluating, and synthesising discipline and professional practice knowledge.
2.2 Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Professional Communication (PC)
3.1 Use information and digital literacy skills to communicate effectively and professionally in written forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
3.2 Use information and digital literacy skills to communicate effectively and professionally in oral forms, using appropriate technologies and media for diverse purposes, audiences, and accounting contexts.
Teamwork & Self (TS)
4.1 Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
4.2 Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate ethical reasoning and apply legal and governance principles to critically evaluate and respond to complex accounting decisions and practices.
5.2 Apply socially responsible and sustainability-focused thinking to analyse accounting issues and reflect on the broader impact of organisations in national and global contexts.
Learning Approaches
Teaching and learning strategies in this unit are designed to facilitate the learning outcomes. Achievement of these outcomes will ensure you have the necessary skills to research and solve tax-related problems, including the use of digital tax lodgment software.
Detailed resources are provided on the unit Canvas site. These include tax legislation, relevant taxation rulings, and tax determinations To reinforce and fully understand each topic, it is essential for you to complete the weekly readings and tasks. Application of this knowledge will then be tested in assessment.
You are expected to engage in unit discussions to ensure your success. Through your active participation in this unit, you will strengthen your understanding of key concepts, critically engage with complex scenarios, and build confidence in applying tax law in practice.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment aims to support your achievement of the learning outcomes for this Unit. It has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Initial tax consultation and client onboarding
In this assessment, you will assume the role of a tax accountant and evaluate preliminary client information. The objective is to identify any missing details and formulate relevant follow-up questions required to complete your client’s tax return accurately.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Assessment: Final tax return and client meeting
In groups of 3 or 4, you will assume the role of tax accountants and complete a client's tax return. This will involve two parts:
Part A: completion (but not lodging) of an individual income tax return using electronic tax lodgment software.
Part B: participation in a 30-minute VIVA with the unit coordinator and another academic (if possible), focusing on specific aspects of the tax return, how your group collaborated to complete the project, and your individual contribution.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
Part B requires your attendance at your scheduled VIVA.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
This assessment item is based on teamwork and provides evidence of achievement of the associated Unit Learning Outcomes and Course Learning Outcomes. Individual submissions/presentations will not be accepted.
The late submission period does not apply, and no assignment extensions are available: the tax return (Part A) must be submitted before the scheduled VIVA (Part B).
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), KS (1.2), HO (2.2), TS (4.1, 4.2)
Assessment: Final Exam
This examination will assess your understanding of the topics covered throughout the semester.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is a Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Formative or Summative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resources will be provided on the unit Canvas site.
Resource Materials
Prescribed text(s)
Principles of Taxation Law (2026), Thomson Reuters, Pyrmont, N.S.W.
Risk Assessment Statement
There are no out-of-the ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate) 2027
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.1): Discipline Knowledge
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam
KS (1.2): Technical and Technological Skills
Relates to: ULO2, Final tax return and client meeting
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Final tax return and client meeting
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO4, Final tax return and client meeting
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS13 Master of Professional Accounting
- Demonstrate and apply advanced, integrated discipline and professional practice knowledge, including relevant research principles and methods, to address complex and evolving accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Leverage digital technologies, data-driven tools, technical and research skills to organise and interpret discipline and professional practice knowledge to investigate digitally enhanced accounting environments.
Relates to: ULO2, Final tax return and client meeting - Exercise creativity and intellectual independence and make evidence-based decisions and judgements in planning, designing, and executing strategic responses to address real world accounting challenges.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Exercise self- reflection and accountability in applying knowledge and skills to support continuous learning, adaptability and effective professional growth.
Relates to: ULO4, Final tax return and client meeting - Apply collaborative capabilities to work effectively in diverse teams and across complex, interdisciplinary accounting environments.
Relates to: ULO4, Final tax return and client meeting
BS67 Graduate Diploma in Business (Accounting)
- Apply advanced interdisciplinary knowledge, including relevant research principles and methods to understand and respond to accounting.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Apply technical, digital, and research skills to organise, interpret, and evaluate accountingknowledge and practice to investigate business issues in digitally enhanced environments.
Relates to: ULO2, Final tax return and client meeting - Exercise innovative thinking and intellectual independence to make informed decisions and judgements in planning evidence-based responses to complex and evolving accounting contexts.
Relates to: ULO1, ULO3, Initial tax consultation and client onboarding, Final tax return and client meeting, Final Exam - Demonstrate self-reflection and accountability in applying knowledge and skills for continuous learning and effective professional practice in dynamic business environments.
Relates to: ULO4, Final tax return and client meeting