Handbook

The focus of this subject is on the on concepts of assessable income, allowable deductions, capital gains tax, tax rates and tax offsets. Special provisions of taxation viz repairs, depreciation, and capital allowances are also examined. Fringe benefits tax is explored, and the Goods and Services Tax including its impact … For more content click the Read More button below.

Background to the Australian taxation system and the significance of the components;Income - concepts of income, income from providing services, remuneration of employees, income from carrying on a business, income from the use of property, income from the disposal of property, exempt income and income from capital gains;Outgoings - fundamentals, … For more content click the Read More button below.