This skill set describes the skills and knowledge required to meet the Tax Practitioners Board (TPB) educational eligibility requirements for a course in Australian taxation law. The units of competency cover preparing tax documentation for individuals and preparing and administering tax documentation for legal entities.
This skill set is designed to assist in meeting the education eligibility requirements for registration as a tax agent with the TPB. Persons seeking tax agent registration should check with the TPB for details of other current registration requirements, including those relating to experience and fitness and propriety. Refer to the TPB website for details http://www.tpb.gov.au
|Statement of Attainment - Tax Law for Tax Agents Skill Set (Tax documentation) FNSSS00008|
|Two classes per week for 17 weeks (one semester) or part-time equivalent. You may enrol in the whole skill set or one subject at a time to suit you.|
Enrolment fees for this course are based on the costs per subject as indicated below. Subject costs identified as Full Fee receive no government subsidy. Concessions are not available. The fees below apply unless training as an apprentice or trainee.
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This course is designed for people who have a qualification or industry experience in Accounting or Finance, who want to gain skills and knowledge in Tax Law. Persons seeking tax agent registration should check with the TPB for details of other current registration requirements, including those relating to experience and fitness and propriety. Refer to the TPB website for details www.tpb.gov.au
For success in this course it is recommended that you have a minimum of a Certificate IV in Accounting or another related field, or can demonstrate equivalent skills and knowledge.
To study any course at CIT (excluding degrees and non-accredited training) you must have a Unique Student Identifier (USI).
Qualifications at CIT are regularly updated or replaced to meet current industry needs and maximise your employment opportunities. If this occurs while you are part way through a qualification, you may need to vary your learning to meet the new national requirements. CIT will aim to make this as smooth as possible for you.
To ensure positive outcomes for all students, CIT may need to cancel or change classes at short notice. CIT will make every effort to inform students as soon as changes are made and will also make every effort to offer alternative arrangements for students to meet the requirements of the subject and complete their qualification. In an unfortunate instance when this cannot be met, you will receive a full refund. Please ensure you maintain current contact details via CIT Self Service or by contacting CIT Student Services at firstname.lastname@example.org.
Complete 2 subjects
Core: Complete all 2
- FNSACC512 Prepare tax documentation for individuals
CIT Code: ACCT438 Cost: Full fee $200.00
Description: This unit describes the skills and knowledge required to prepare non-complex income tax returns for individuals in line with statutory requirements. It encompasses gathering and verifying data, calculating taxable income, and reviewing compliance requirements.It applies to individuals who use systematic approaches and follow specific guidelines to ensure compliance requirements are met.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet the education requirements of the Tax Practitioner Board (TPB). Refer to the FNS Financial Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements. Prerequisites: Nil
- FNSACC601 Prepare and administer tax documentation for legal entities
CIT Code: ACCT268 Cost: Full fee $400.00 Description: This unit describes the skills and knowledge required to identify taxation requirements for complex lodgements and returns for legal entities. It involves gathering, analysing and processing taxation related data to prepare tax documentation, and to review and apply compliance requirements. It applies to individuals who use specialised knowledge and systematic approaches and who follow specific guidelines to ensure compliance requirements are met. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. This unit is designed to meet educational requirements of the Tax Practitioner Board (TPB). Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. Prerequisites:
FNSACC512 Prepare tax documentation for individuals
For more information about this course please contact CIT Student Services on (02) 6207 3188 or email email@example.com