Understanding taxation is crucial for any accountant. This course introduces the basics of Australian tax law, including individual and corporate taxation. Participants will learn how to prepare basic tax returns and understand the role of taxation in financial planning.
Participants will begin by learning the foundational concepts of taxation, such as taxable income, deductions, and credits. The course then delves into more complex areas like capital gains tax, goods and services tax (GST), and fringe benefits tax (FBT). Practical exercises and case studies are integrated into the curriculum to provide students with hands-on experience in preparing tax returns and developing tax strategies. The course also addresses the role of tax planning in optimizing financial outcomes for individuals and businesses.