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Introduction to the Australian tax system

Issued by The Tax Institute

The earner has gained an understanding of the fundamentals of the legal framework and administrative processes that underpin our tax system.

Type Learning
Level Foundational
Time Hours
Cost Paid

Skills

Earning Criteria

The earner has been exposed to the fundamentals of the legal framework and the administrative processes that underpin the Australian tax system. The role of the ATO, the different types of taxpayers has been explained as well as why they lodge returns and make tax payments. The earner viewed an overview of income and deductions, capital gains tax, personal services income and fringe benefits tax, the Australian superannuation system and the core concepts of international tax.