Superannuation fundamentals
Issued by
The Tax Institute
The earner has demonstrated an understanding of the core concepts associated with superannuation contributions. Students understand and be able to recognise the difference between concessional and non-concessional contributions. Students also learn the key principles about how superannuation funds and superannuation benefits are taxed and the regulatory regime that applies to superannuation funds.
- Type Certification
- Time Hours
- Cost Paid
Skills
- Superannuation fundamentals
Earning Criteria
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Explain the foundational concepts of how superannuation operates in Australia.
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Determine the taxation treatment of superannuation contributions received by regulatory superannuation funds.
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Explain the taxation rules governing the payment of superannuation benefits.
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Calculate the tax payable of a regulated superannuation fund.
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Earners complete 10 hours of online, self-paced, interactive learning, incorporating interactive examples, knowledge checks, case studies and a comprehensive activity.
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Successful completion of two online, multiple-choice assessments: Assessment 1: 20 multiple-choice questions within 60 minutes. Assessment 2: 6 scenario-based multiple-choice questions within 45 minutes.
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Achievement of a minimum score of 75% for all assessment tasks.