Tax Course Plan-200140414 - Tax School

Tax Excellence Course Course Convener: Diana Velevski. CA. LLB

COURSE PLAN Online Course start date: Next Course Date TBA Classroom Course (Sydney) start date: 22 May 2014 Classroom Course (Perth) start date: 29 May 2014

Table of Contents INTRODUCTION

3

COURSE OVERVIEW

3

COURSE CONVENER - TEACHING STAFF

4

COURSE SYLLABUS

4

LEARNING OUTCOMES

5

LEARNING ACTIVITIES – ONLINE LEARNING

5

LEARNING ACTIVITIES – INTENSIVE 4 DAY WORKSHOPS

5

LEARNING RESOURCES

5

COURSE MATERIALS

6

REFERENCES

6

ASSESSMENT DETAILS – ONLINE

7

Assessment Summary

7

Online quizzes

7

Final (take home) Examination

7

PRESENTATION OF EXAM

8

ASSESSMENT DETAILS – INTENSIVE

8

Assessment Summary

8

In-class quizzes

8

Final (take home) Examination

8

ADDITIONAL INFORMATION

9

STUDENT FEEDBACK

9

Telephone Contacts

9

ENROLMENT & PAYMENT

10

COMPLETE THIS FORM

11

Tax School Course Plan

2

Introduction Welcome to the Tax Excellence Course. The primary aim of this course is to provide you with a detailed working knowledge of the Australian tax compliance system. This Course Outline provides important information about the course, aims, outcomes, syllabus, materials, timetable, program and assessment.

Course Overview Online course

Intensive workshops

Unit Title

Tax Excellence Course - Online

Tax Excellence Course - Intensive

Course Convener

Diana Velevski

Diana Velevski

Mode(s) of study

12 week course self paced

4-day face to face workshops

Co-, Pre- and Anti-requisites

Not applicable

Not applicable

Additional requirements

Internet access

Not applicable

Result Type

Grade and mark

Grade and Mark

Certificate

Certificate in Tax Fundamentals

Certificate in Tax Fundamentals

Fees and Charges

$845

$845

Course Website

The course materials can be accessed via: gototraining.com.au

The course materials can be accessed online one week before the 4 day work shop commences.

Tuition Pattern

2 hour weekly webinars over 12 weeks

4 days face to face workshops

Study Load

5 – 7 hours per week x 12 weeks

4 days face to face workshops

Start Date

Next course start date TBC

Sydney - Conducted on 22 May to 24 May 2014 Perth – Conducted on 29 May to 1 June 2014

Finish Date

TBA

Not applicable

Assessments

Online quizzes and take home exam

In class quizzes and in-class open book exam (2 hours duration)


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Course Convener - Teaching Staff The teaching staff for this course is Diana Velevski and her contact details are below: Course Convener : Diana Velevski Email : [email protected] Phone : 0409 354 822 The Course Convener will assist you with your learning and any problems or difficulties you may be experiencing while undertaking this course. They will also mark your examinations and provide feedback in relation to your progress in this course. If you leave a message for the Course Convener by email or telephone, allow for a response time of one working day. You are welcome to contact your Course Convener via email.

Course Syllabus - Online Week

Week commencing Monday

Topics

1

Next course start date TBA

1. Introduction to the Australian tax system

2


2. Income – Ordinary income

3


3. Income – Statutory income & Exempt income

4


4. Deductions – General deductions

5


5. Deductions – Statutory deductions

6


6. Capital gains tax

7


7. Capital allowances & depreciation

8


8. Taxation of individuals and sole traders

9


9. Businesses

10


10. Tax offsets, credits & rebates

11


11. GST & FBT

12


12. Tax agents & tax administration

13


Exam

Course Syllabus - Intensive The same topics as outlined above will be covered, however, it will be condensed into 4 days of face-to-face workshops. The program of topics will be provided on the first day of workshops.


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Learning Outcomes On successful completion of this unit you will be able to: • interview a client and prepare individual income tax returns involving a range of compliance taxation issues • advise individual income tax clients on a limited range of issues • maintain client administration records and liaise with the ATO in respect of lodgment lists for individual income tax returns

Learning Activities – Online Learning There will be a weekly webinar covering the course syllabus. Prior to the webinar, you will be sent an email containing the details of the topics materials to be covered in the upcoming webinar, including the materials for pre-reading, activities and other relevant learning guides. The purpose of the webinars is to describe some of the key tax principles and the application of those principles. This is a self-paced study program and a webinar does not cover all there is to learn about the area. You will need to read and study further those areas covered in the webinar. You will be guided on your learning activities and goals by the Course Convener through: gototraining.com.au. Similarly, it is not possible to cover in the seminar all the course material contained in the lecture notes. All material in the lecture notes, whether covered in the webinar or not, is examinable in the final examination. Live webinars will be recorded and accessible via gototraining.com.au

Learning Activities – Intensive 4 Day Workshops The course syllabus (as described above) will be covered in the 4-day intensive workshop. A detailed program of workshops and case study sessions will provided on the day. The workshops are conducted face to face and provide for an open learning forum through active participation and case study practice. All learning material will be provided on the day.

Learning Resources A webpage is maintained in gototraining.com.au for the online course. The address is The user name is The password is

: gototraining.com.au : your student login : your gototraining password

You will be provided with login details once your enrolment has been processed and you will receive this via email. It is recommended that you access this page often as any changes or relevant information will be posted here. Recorded webinars will be available on this site, as well as a discussion board, access to your Course Convener and case study questions and answers. Information regarding the exam will be put on this page as will other relevant information.


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Course Materials We provide (for both online and classroom courses) Course materials will be provided including: •

Lecture notes and PowerPoint slides

•

Study aids including mind maps, ﬂowcharts and learning tools

•

Case study activities and solutions

You provide • You must have fast access to the Internet, a USB headset and microphone and a PC or Mac running a recent operating system and browser in order to undertake the online course. The website for the online course is: gototraining.com.au where you can find specific system requirements. •

You will need to download and print the materials from Go-To-Training to bring with you to the workshops.

References Texts Not applicable – all learning material will be provided. Handy Web sites www.ato.gov.au http://www.tpb.gov.au/TPB/Qualifications_and_experience/Qualifications_and_experience_for_tax_agents/TP B/Qualifications_and_experience/0023_For_tax_agents.aspx http://www.ombudsman.gov.au/pages/tax/#faq1 http://www.tpb.gov.au/TPB/Register/0323_Registering_as_a_company_tax_agent.aspx http://www.taxpayer.com.au/Individuals-Tax-Super www.justfsg.com


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Assessment Details – Online Assessment Summary The assessment for this unit consists of the following items. Pass rate required

Weighting to overall mark

Online quiz 1

70%

5%

Online quiz 2

70%

5%

Online quiz 3

70%

5%

Online quiz 4

70%

5%

Online quiz 5

70%

5%

Online quiz 6

70%

5%

Online quiz 7

70%

5%

Online quiz 8

70%

5%

Online quiz 9

70%

5%

Online quiz 10

70%

5%

Online quiz 11

70%

5%

Online quiz 12

70%

5%

Final (take-home) exam

70%

40%

Assessment Tasks

TOTAL

Date

Next Date TBA

100%

To pass this unit you must: 1. Achieve a result of at least 70% for each quiz; AND 2. Achieve a result of at least 70% for the exam.

Online quizzes The online quizzes are compulsory assessments. They revise the knowledge and information contained in each topic and are an excellent diagnostic tool to increase your proficiency and revision for the end-of-course examination. There are 6 online Checkpoint questions scheduled for each fortnight and which must be completed prior to sitting the final exam. All instructions and deadlines in relation to the online quizzes will be provided on the home page: gototraining.com.au. It is imperative that you login regularly to receive these updates.

Final (take home) Examination The exam will be a take home open book examination containing 4 case study-based questions. The exam will be available on gototraining.com.au. The exam will have a maximum of 4,000 words (excluding footnotes and bibliography). The paper should be emailed to Diana Velevski: [email protected] Further details of the exam will be provided closer to the date.


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Presentation of Exam Take home exams should follow the following guidelines of presentation: • • •

Type your exam answers or write clearly in legible handwriting; Use size A4 paper and have a suitable margin for comments (e.g. 3 - 4 cm); Number each page.

Assessment Details – Intensive Assessment Summary The assessment for this unit consists of the following items. Pass rate required

Weighting to overall mark

In-class quiz 1

70%

5%

In-class quiz 2

70%

5%

In-class quiz 3

70%

5%

In-class quiz 4

70%

5%

In-class quiz 5

70%

5%

In-class quiz 6

70%

5%

In-class quiz 7

70%

5%

In-class quiz 8

70%

5%

In-class quiz 9

70%

5%

In-class quiz 10

70%

5%

In-class quiz 11

70%

5%

In-class quiz 12

70%

5%

Class attendance and participation

100%

0%

Final (take-home) exam

70%

40%

Assessment Tasks

TOTAL

Date

25 May 2014

100%

To pass this unit you must: 1. Achieve a result of at least 70% for each quiz; AND 2. Achieve a result of at least 70% for the exam.

In-class quizzes In class quizzes will be undertaken after completion of topic workshops.

Final (take home) Examination The final examination is two hours with 15 minutes reading time. The exam is open book where candidates are permitted to take their study materials into the examination room. It will be set for the final day (day 4) of the workshops. Candidates must achieve a mark of 70 percent or higher to pass the examination.


8

Additional Information Telephone Contacts: If you have a query relating to administrative matters such as:•

requests for deferment of study

•

diﬃculties with accessing online study materials

•

obtaining assessment results

please contact your Course Convenor on 0409 354 822.

Student Feedback We welcome your feedback as one way to keep improving this unit. Later in this study period, you will be encouraged to give feedback.


9

ENROLMENT & PAYMENT The Tax School Tax Excellence Course is designed to equip students with a practical understanding of Australian tax law. It provides a supportive learning environment by using flexible learning options to deliver technical content. The course provides hands-on training and is ideal for both new entrants to the tax profession as well as established tax professionals looking to broaden and refresh their tax skill set.

Course delivery Students can attend online webinars from anywhere in the world or classroom workshops in Sydney and Perth.

The Online webinar program: Weekly online sessions held for 12 weeks date commencing TBA.

The Intensive classroom program: 4 days of face to face classroom workshops to be held in Perth and Sydney.

Awarding authority: Certificate will be provided on successful completion of the program.

Course Fees A registration fee of $250 is payable with enrolment with a balance of $595 payable prior to the first session.

What’s covered by course fees? All learning and study materials including PowerPoint slides, lecture materials and study notes, activities, case studies and solutions. Peer learning is achieved via online discussion boards, monitored and reviewed by the course convener. It also covers quizzes, exams and certification.

For full course details, visit www.taxschool.com.au If I pass will I obtain employment? Tax School does not employ tax preparers, but we have associations with national tax agent companies who seek qualified tax preparers yearly. These companies may reimburse some or all of the fees of the Excellence in Tax Course under their own terms.

Payment Methods Credit or Debit Cards and Direct Debits are preferable payment methods but Cheques may also be sent.

How to Enrol Complete the required details below and return to us by email, mail, or over-the-phone.

Terms Classes will not be delivered until fees and fully paid, unless agreed in writing with the course convener. Tax School may change or cancel classes prior to the commencement of the course. Participants will have the option of receiving a refund should this be the case. Copyright, 2013, Tax School Pty Ltd

About Tax School Tax School teaches a wide range of people to become expert income tax return preparers and advisors. We offer industry leading education and engage our students in innovative and practical ways to allow them to rise to the top of their field. We also make the process fun. For additional information visit www.taxschool.com.au, contact us at [email protected], or call 0409 354 822.


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COMPLETE THIS FORM

THEN EMAIL TO US (OR PHONE IN YOUR DETAILS) Last Name First Name Street Address

Suburb

P/C

Telephone Home Work Mobile Email Address Preferred Delivery Method

Online

Classroom

(Select how you wish to pay) Here’s my $250 registration fee to confirm my enrolment. I’ll pay the balance of $595 prior to course commencement. Payment in full of $845 – I have enclosed payment for the total course fee with this application. Payment Details: (Tick one square) MasterCard

Visa

Cheque

Cash

Amount $

Card Number Name on Card Expiry Date

/

/

/ Signature

/ Date

Scan & Email this completed enrolment form together with your cheque or credit card details above to [email protected], or phone thru your card to 0409 354 822


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