UNSW Handbook Course - Taxation of Employee Remuneration

Taxation of Employee Remuneration - ATAX0425


	Faculty: Faculty of Law
	School: Australian School of Taxation
	Course Outline: See below
	Campus: ATAX Campus
	Career: Postgraduate
	Units of Credit: 6
	EFTSL: 0.125 (more info)
	Contact Hours per Week: 0
	Enrolment Requirements:
	Restricted to students enrolled in Programs 9250 or 9260 or 9255
	Fee Band: 1 (more info)
	Further Information: See Class Timetable

Description

This course provides a comprehensive coverage of the taxation issues relating to the taxation of employee remuneration. The course commences by examining the employer/employee relationship, contrasting it with the principal/independent contractor relationship. Fringe benefits tax and tax collection obligations imposed on employers, including under PAYG and the payroll tax system, are considered in detail. Employers' obligations and employees' rights under the superannuation guarantee system are examined, as are the rules on the deductibility of superannuation contributions and the taxation of payments made on termination of employment. The course concludes with an examination of the rationale and tax consequences of salary packaging, and the ATO's response to arrangements aimed at avoiding tax on payments for services performed.

Course Objectives

On completion of this course, students should be able to:

distinguish, in broad outline, between an employee and an independent contractor, and understand the importance of the distinction
explain the rationale and workings of the PAYG system and the pay-roll tax system;
detail the major operational features of the fringe benefits tax and its consequences for employers and employees
identify tax concessions for employers and employees when they make superannuation contributions
explain the superannuation guarantee obligations imposed on employers and the implications for employees
distinguish the various types of payments that may be made on termination of employment and the tax treatment of those payments
explain various "salary packaging" devices and anti-avoidance provisions aimed at preventing the minimising of tax through, for example, the interposition of entities between the provider and recipient of services.

Modes of Delivery

CBD Evening Class
Flexible Learning

Assessment

Master of Taxation, Master of Applied Tax, Master of International Tax

Research Paper	4000 words	40%
Final Examination	Open book	60%

Pass Requirements

50 per cent or more of the total marks available in the course and
at least 40 per cent of the marks available for the final examination in the course.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.