Tax Law for Tax Agents Skill Set (Tax documentation) : Canberra Institute of Technology

Overview

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

Qualification:	Statement of Attainment - Tax Law for Tax Agents Skill Set (Tax documentation) FNSSS00008
Program No:	SA-BT05
Campus:	CIT Reid
Duration:	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.
Cost Info:	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.
Indicative Cost:	$600
Application Type:	Full Fee
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Timetable Information

To help with the enrolment process print your timetable, or keep the window open, so that you can refer back to it for your course (program) code, course (program) name, and the Course Reference Numbers (CRNs).

SA-BT05

Additional Information

Watch our online information session to find out more.

This program 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

Skills Recognition

Entry Requirements

For success in this program 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).

Transition Information

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.

Subject Cancellations/Changes

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 infoline@cit.edu.au.

Subject Information

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

Related Courses

Advanced Diploma	Accounting FNS60217
Diploma	Accounting FNS50217
Certificate IV	Accounting and Bookkeeping FNS40217
Certificate III	Accounts Administration FNS30317
Statement Attainment	Accounting Principles Skill Set FNSSS00014
Statement Attainment	Advanced Accounting Principles Skill Set FNSSS00015
Statement Attainment	Commercial Law for Tax Agents Skill Set FNSSS00005
Statement Attainment	BAS Agent Registration Skill Set FNSSS00004
Statement Attainment training	Accounting Fundamentals [extract from FNS30317]
Statement Attainment training	Bookkeeping using MYOB [extract from BSB30415]

More Information

For more information about this course please contact CIT Student Services on (02) 6207 3188 or email infoline@cit.edu.au

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