Unit Information Management System

Taxation (ACCT2331, SEM-1, 2017, Crawley)

UWA Business School

Unit Outline



SEM-1, 2017

Campus: Crawley

Unit Coordinator: Dr Mark Holub

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Copying of this material by students, except for fair dealing purposes under the Copyright Act, is prohibited. For the purposes of this fair dealing exception, students should be aware that the rule allowing copying, for fair dealing purposes, of 10% of the work, or one chapter/article, applies to the original work from which the excerpt in this course material was taken, and not to the course material itself

© The University of Western Australia 2001

Unit details

Unit title Taxation
Unit code ACCT2331 Credit points 6
Availability SEM-1, 2017 (27/02/2017 - 24/06/2017)
Location Crawley Mode Face to face

Contact details

Faculty Business School
School UWA Business School
School website http://www.business.uwa.edu.au/
Unit coordinator Dr Mark Holub
Email mark.holub@uwa.edu.au
Telephone 6488 2647
Consultation hours By appointment.
Tutors/ Demonstrators/ Facilitators
Unit contact hours

Lecture times:

Original: Wednesdays, 8:00am - 10:00am

Repeat: Wednesdays, 1:00pm - 3:00pm

Lecture venue:

Please refer to http://www.timetable.uwa.edu.au for the unit timetable.

Lecture capture system LCS is implemented for this unit.
Online handbook http://handbooks.uwa.edu.au/units/unitdetails?code=ACCT2331
Unit website http://www.lms.uwa.edu.au/login

Unit rules

Prerequisites ACCT1101 Financial Accounting
Advisable prior study
Incompatibility ACCT3331 Taxation
Approved quota

Unit description

This unit provides an introduction to the law and practice of income taxation in Australia. It focuses on the principles governing the assessment of income and deductibility of expenditure, the treatment of capital gains and losses, the key provisions affecting individuals, partnerships, companies and trusts, and aspects of compliance and the appeals process. Core provisions of the Income Tax Assessment Act 1936 and the Income Tax Assessment Act 1997 are examined. Kindred legislation such as the Fringe Benefits Tax Assessment Act 1986 and the Taxation Administration Act 1953 is also considered.

Unit goals

ACCT2331 Taxation is designed to acquaint you with the fundamental concepts of Australia’s principal revenue raising legislation – the Income Tax Assessment Acts of 1936 and 1997 (as amended) [ITAA36 and ITAA97]. The primary focus is on applying the core provisions to individuals, partnerships and partners, companies and shareholders, and trusts and beneficiaries. The unit also presents an overview of capital gains taxation, fringe benefits tax, and the goods and services tax, and covers aspects of tax administration.

Learning outcomes

Students are able to (1) identify the fundamental provisions of the Income Tax Assessment Act 1936, Income Tax Assessment Act 1997 and Fringe Benefits Tax Assessment Act 1986; (2) identify important tax cases relevant to the interpretation of tax provisions, and commentaries relevant to them; (3) critically evaluate and solve basic to moderately difficult problems involving the computation of taxable income and tax liability; (4) think and reason logically when examining income tax issues, drawing on knowledge gained from reading and interpreting legislation and case law; and (5) justify and communicate advice on the tax consequences of events such as the disposal of an asset and the payment of an amount to a beneficiary of a trust.

Unit structure

ACCT2331 Taxation is delivered using a 2-hour lecture and a 45-minute tutorial each week. Lectures are concerned with developing an appreciation of the concepts relevant to Australian income taxation. Tutorials are designed to provide a forum for discussion of the principles discussed in lectures.

Students who have not already registered for classes using the Class Allocation System should do so immediately. Please ensure you know the location of your venue before arriving for your first class as it may be some distance from the Business School.


To assist you in developing the research skills necessary to interpret and apply taxation law, a set of weekly exercises is assigned for discussion in tutorials. The tutorial questions can be found on UWA's Learning Management System (LMS). You should attempt these “pre-set” questions before attending each tutorial and be prepared to discuss them in class. Tutorials commence in Week 2.

(See Timetable)

Unit schedule

WeekCommencing MondayTopic
127 FebruaryIntroduction to taxation and the Australian taxation system
Overview of GST
26 MarchIncome tax liability
General jurisdictional rules
313 MarchBasic income and deduction provisions I
420 MarchBasic income and deduction provisions II
Tax timing
527 MarchSpecial kinds of income and deductions
63 AprilAdministrative aspects of taxation
710 April Mid-semester examination
study break
17 - 21 April
824 April Fringe benefits tax
91 MayAsset taxation rules I
108 May Asset taxation rules II
1115 May Entities – companies
1222 May Entities – partnerships and trusts
1329 May International aspects
Anti-avoidance provisions
Pre-examination study break5 - 9 June
Semester 1 examination period10 - 24 June

Teaching and learning responsibilities

Teaching and learning strategies


Participation in class, whether it be listening to a lecture or getting involved in other activities, is an important part of the learning process. It is therefore important that you attend classes. More formally, the University regulations state that ‘to complete a course or unit students shall attend prescribed classes, lectures, seminars and tutorials’.

Teaching and learning evaluation

You may be asked to complete two evaluations during this unit: the Student Perception of Teaching (SPOT) and the Students’ Unit Reflective Feedback (SURF). The SPOT is optional and is an evaluation of the lecturer and the unit. The SURF is an online university-wide survey and deals only with the unit. You will receive an email from the SURF office inviting you to complete the SURF when it is activated. We encourage you to complete the forms as your feedback is extremely important and can be used to make changes to the unit or lecturing style when appropriate.

Charter of student rights and responsibilities

The Charter of Student Rights and Responsibilities upholds the fundamental rights of students who undertake their education at the University of Western Australia.  The University's charter of Student Rights and Responsibilities is available at www.governance.uwa.edu.au/procedures/policies/policies-and-procedures?method=document&id=UP07/132

Student Guild contact details

The Guild represents all students enrolled at UWA. They can help you in a number of ways by providing financial, academic, and welfare support. Contact details for the University Student Guild can be found at www.guild.uwa.edu.au/. The Guild Education Officer is available to provide assistance and advice on a range of issues.

Student Services contact details

There is a wealth of material provided by UWA Student Services that can help you settle into university life and help with many other issues you may encounter as a university student.  Contact details for Student Services can be found at http://www.student.uwa.edu.au/contact


UniAccess provides free services and support to UWA students who want to disclose a disability or a medical condition and request assistance http://www.student.uwa.edu.au/experience/health/uniaccess

The Library

The University Library http://www.library.uwa.edu.au/has many services available to support you academically.  The Business collection is located in the Barry J Marshall Library in the Science building http://www.library.uwa.edu.au/contact/science , otherwise a Business librarian is available at the School at specified times. 

Uses of student feedback


Your academic orientation includes three online units which you must complete within the first 10 weeks of your enrolment:

AACE1000 Academic Conduct Essentials (ACE)  (just this for postgraduate)
INDG1000 Indigenous Study Essentials
CARS1000 Communication and Research Skills

Information for students with disabilities

The University has a range of support services, equipment and facilities for students with a disability. If you would like to receive advice on these services please email uniline@uwa.edu.au or visit www.student.uwa.edu.au/life/health/uniaccess

Using peer feedback to assess team contributions

The online tool SPARKPLUS may be used to assess individual contributions to team work. Where Spark is used you will be required to provide feedback to, and receive feedback from, your team members. Based on a series of answers from each team member SPARKPLUS automatically produces two weighting factors: your RPF and SAPA. The use of SPARKPLUS will be explained in class and more information is available on LMS.


Assessment overview

Assessment information is provided in the unit outline.

Assessment mechanism

#ComponentWeightDue DateRelates To Outcomes
1Online activities10%Quiz 1 - 19 March, 5:00pm (Wk 3)
Quiz 2 - 26 March, 5:00pm (Wk 4)
Quiz 3 - 2 April, 5:00pm (Wk 5)
Quiz 4 - 14 May, 5:00pm (Wk 10)
Quiz 5 - 21 May, 5:00pm (Wk 11)
1 - 5
2Mid-semester examination35%11 April, 6:30pm1 - 4
3Final examination55%Semester 1 examination period: 10 - 24 June1 - 4

Assessment items

Item TitleDescriptionSubmission Procedure for Assignments
#1 Online activitiesYou are required to complete 5 online quizzes. Each quiz is worth 2% of your unit grade.Via LMS
#2 Mid-semester examinationThe duration of the examination will be 80 minutes. It will examine lecture topics covered in Weeks 1 to 5. Further details about the examination, including your assigned venue, will be provided closer to the examination date.
You must ensure you are available to sit the mid-semester examination at its scheduled time.
#3 Final examinationThe duration of the final examination will be 2 hours. The final examination will be based primarily on the lecture topics in Weeks 6 to 13, although this material naturally builds on the material covered earlier in the unit. Further details in relation to the examination will be provided closer to the examination date.
*****Open Book Examination Policy
An "open book" examination policy applies to all examinations in the unit. This means that in addition to a Faculty-approved calculator, you are permitted to take into the examination room typed and handwritten materials including textbooks, lecture slides, handouts, and your own notes. Laptop computers, mobile phones and other electronic devices are not permitted.

Academic literacy and academic misconduct

The University of Western Australia takes very seriously the matter of academic misconduct by students and has policies in place that define misconduct (including plagiarism) and the penalties that apply. The consequences for misconduct can be severe, including exclusion from the University.

All students are expected to make themselves aware of the definitions and the policies relating to academic misconduct, found at the websites below, and with any additional requirements or stipulations that may be provided by individual coordinators www.governance.uwa.edu.au/procedures/policies/policies-and-procedures?policy=UP07%2F21

Appeals against academic assessment

The full regulations governing appeals procedures are available in the University Handbook at http://rules.handbooks.uwa.edu.au/rules/student_rules/

Penalty for late submission

A penalty of 5 per cent of the total mark allocated for the assessment item is deducted per day for the first 7 days (including weekends and public holidays) after which the assigned work is not accepted. Each 24-hour block is recorded from the time the assignment is due.

 Penalty for exceeding word limit

Where an assignment exceeds the word limit, a penalty of 1 per cent of the total mark allocated for the assessment task applies for each 1 per cent in excess of the word limit.

Textbooks and resources

Recommended texts

 Barkoczy, S 2017  Foundations of Taxation Law 2017, 9th edn, Oxford University Press. ISBN 9780190308537

The text can be purchased from the University Co-op Bookshop. Copies are also available in the Library’s High Demand Collection.

You will also need to access tax legislation and case law. Details on how to access these resources are available in LMS. You should become familiar with these resources early, so you can readily access legislative provisions and case summaries as they are introduced in the unit.

Important note about tax texts:

Taxation materials age rapidly due to the pace of change in the law itself. If you plan to use the previous year’s versions of tax publications, you need to ensure you are aware of any significant changes that have occurred in tax law since the date of publication.

Suggested alternate texts

Additional texts

You may also find the following text helpful:

Australian Master Tax Guide, CCH Australia.

Note: An online version of the Austrailian Master Tax Guide (MTG) is accessible through CCH Intelliconnect, via the library catalogue.

Technical requirements

Software requirements

Additional resources and reading

Unit website

Unit support materials are available in UWA's Learning Management System (LMS). To log in to LMS, you need to supply a valid username and password. Your username is your student number (8 digits) and your password is your Pheme password.

If you are having trouble using LMS, please consult the Student LMS Help website.

Online Resources

A number of online resources are provided in LMS.

CFA® University Recognition Program

This unit embeds a portion of the CFA Program Candidate Body of Knowledge™. Further details available at www.business.uwa.edu.au/future-students/undergraduate.

Other important information

Student email account

Students are advised to regularly access their student email accounts. Important information regarding the unit is often communicated by email and will not be automatically forwarded to private email addresses.

Unit incompatibility

Students enrolled in the combined Bachelor of Commerce and Bachelor of Laws course are advised to enrol in the corresponding Bachelor of Laws unit LAWS3362 Income Taxation Law as this unit, ACCT2331 Taxation, cannot be credited towards the Bachelor of Laws, nor does it meet the prerequisite for further Bachelor of Laws units in this area.

Standard of assessment

The Business School must ensure that the processes of assessment are fair and are designed to maintain the standards of the School and its students. The School follows the UWA marks and grades distribution:

Higher distinction






Credit pass












Failed component




The scaling of marks to ensure comparability between classes is an acceptable academic practice. The School and Board of Examiners have the right to scale marks where it is considered necessary to maintain consistency and fairness.

Quality assurance

Your assessed work may also be used for quality assurance purposes, such as to assess the level of achievement of learning outcomes as required for accreditation and audit purposes. The findings may be used to inform changes aimed at improving the quality of Business School programs. All material used for such processes will be treated as confidential, and the outcome will not affect your grade for the unit.

Approved calculators for examinations

The University permits only the use of calculators in examinations when the calculator has an approved sticker and the examiner permits their use.  If the student does not have an approved sticker on their calculator, they will not be permitted to use the calculator.  Calculators can be approved at the Undergraduate Student Centre, the Postgraduate Student Centre or at Student Administration.  Further information is available on the Business School website at www.business.uwa.edu.au/students/assessments

Special consideration/alternative arrangements

If you are unable to attend a class, tutorial or examination due to circumstances beyond your control and are seeking an extension for submission of an assignment or a deferred exam, please read valid reasons for special consideration at www.student.uwa.edu.au/life/health/uniaccess/special-consideration, complete the application form and submit at the Student Centre.
PLEASE NOTE that deferred exams are not available in Summer School units.

Acknowledging Sources of Information and the Business School Policy on Plagiarism

Student Services provides an online plagiarism portal that includes a definition of plagiarism and a link to FAQ www.studentservices.uwa.edu.au/ss/learning/online_services/plagiarism_portal

‘Turnitin' Originality Checking & Plagiarism Prevention is used in the Faculty to allow both educators and their students check written work for improper citation or misappropriated content. More information about 'Turnitin' can be found at http://turnitin.com/static/index.html

eBooks and open book exams

eBooks cannot be accessed at an examination. Please check your exam details and purchase a printed version of any book you would select to take into an open book exam.


It is important that the referencing of any sources used in your written work is done properly, if only to substantiate the points you are making in your assignment or project.  The Harvard style is the preferred and there are some notes for guidance which have been prepared by the library staff:  ‘Citing your Sources Harvard Style’ http://libguides.library.uwa.edu.au/harvard

The EndNote software package is a really good system for building up a database of references.  Not everyone will want to invest the time in using this system but you should consider it if you intend to build up resource materials or plan to undertake extensive research in a particular area.  The library staff have also developed a tutoring package: ‘A Quick Guide to Using EndNote’ which provides the basics for using EndNote with an essay http://libguides.library.uwa.edu.au/endnote

Last day to add a unit offered in a semester

The final date to add a unit is the end of week 2 of the semester.  For further information on important dates for 2017, refer to www.student.uwa.edu.au/course/dates/important


STUDYSmarter helps students get more out of their study by equipping you with additional skills needed at university. Explore the range of free on-campus and online services to help you develop academic communication, research, critical analysis, numeracy and study skills. http://www.student.uwa.edu.au/learning/studysmarter