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Course overview


STUDY MODE

100% online

NUMBER OF SUBJECTS

1

NEXT INTAKE

Enrol and start anytime

COURSE FEE

$585.00

AVAILABLE LOANS

N/A

AQF LEVEL

N/A

COURSE DURATION

Maximum of 16 weeks

ACCREDITATION

PROVIDER ID

N/A


This course explains how a financial adviser applies an understanding of the key aspects of taxation to assists clients to secure a financial future for themselves, their dependents, and their families.

In this course, individuals are introduced to the Australian taxation system, and the ways rules and regulations might affect a client’s strategies and investments. It explores how different types of income can attract different taxation treatment, and provides specific attention to capital gains and superannuation.

This subject complies with the Corporations (Relevant Providers — Education and Training Standards) Determination 2021, division 3, section 3-70 Specified course: taxation law.

For more information, please refer to the subject outline.

Subject information

Learning outcomes

On successful completion of Tax for Financial Advising, individuals should be able to:

  • Describe the fundamentals of the taxation system within Australia, including the basics of the income tax system for individuals, non-residents, minors, partnerships, companies and trusts, and the Medicare Scheme
  • Explain the rules relating to goods and services tax, fringe benefits tax and capital gains tax, including capital gains concessions available to small businesses
  • Define a tax deduction and tax offset, describing the different deductions and offsets available and eligibility criteria
  • Explain the taxation rules applying to superannuation benefits, employment termination payments and life insurance policies
  • Identify the role of the financial adviser in taxation planning and describe common strategies employed
  • Identify how the Privacy Act applies to professionals operating in the taxation planning area
  • Demonstrate an understanding of the superannuation industry in Australia in relation to retirement planning and the tax implications
  • Explain the various options and tax implications available for using superannuation benefits
  • List the advantages and disadvantages of self-managed superannuation funds
  • Explain the importance of a trust deed and determine the most appropriate trustee structures for a fund

Subject duration

Individuals have a total of 12 weeks to complete the learning and assessment requirements for Tax for Financial Advising from their initial activation date.

An additional four weeks (4) per is available if required to re-sit an exam.

For a guide on the number of study hours for Professional Year formal training, click here.

Completion

A certificate of completion will be awarded on successful completion.

Topics covered

  • Topic 1: Introduction to taxation
  • Topic 2: Features for the Australian taxation system
  • Topic 3: Essential taxation and superannuation principles
  • Topic 4: Capital gains tax
  • Topic 5: Deductions, offsets and cash flow
Topics covered

On successful completion of Tax for Financial Advising, individuals should be able to:

  • Describe the fundamentals of the taxation system within Australia, including the basics of the income tax system for individuals, non-residents, minors, partnerships, companies and trusts, and the Medicare Scheme
  • Explain the rules relating to goods and services tax, fringe benefits tax and capital gains tax, including capital gains concessions available to small businesses
  • Define a tax deduction and tax offset, describing the different deductions and offsets available and eligibility criteria
  • Explain the taxation rules applying to superannuation benefits, employment termination payments and life insurance policies
  • Identify the role of the financial adviser in taxation planning and describe common strategies employed
  • Identify how the Privacy Act applies to professionals operating in the taxation planning area
  • Demonstrate an understanding of the superannuation industry in Australia in relation to retirement planning and the tax implications
  • Explain the various options and tax implications available for using superannuation benefits
  • List the advantages and disadvantages of self-managed superannuation funds
  • Explain the importance of a trust deed and determine the most appropriate trustee structures for a fund

Individuals have a total of 12 weeks to complete the learning and assessment requirements for Tax for Financial Advising from their initial activation date.

An additional four weeks (4) per is available if required to re-sit an exam.

For a guide on the number of study hours for Professional Year formal training, click here.

Completion

A certificate of completion will be awarded on successful completion.

  • Topic 1: Introduction to taxation
  • Topic 2: Features for the Australian taxation system
  • Topic 3: Essential taxation and superannuation principles
  • Topic 4: Capital gains tax
  • Topic 5: Deductions, offsets and cash flow
Topics covered

Assessment

The assessments for this subject are listed below:

AssessmentAssessment detail
One (1) Multiple-Choice Exam Supervised, open-book, multiple-choice examination with three (3) attempts.
One (1) Short-Answer Exam Supervised, open-book, multiple-choice examination with three (3) attempts

Enrolment Information

Individuals are required to be aged 18 years or older to enrol in this course.

This course is delivered online via Kaplan’s learning management system, KapLearn.

You will receive login details to KapLearn upon enrolment. When you log on to KapLearn, you are able to access the subject notes, assessments, additional learning materials (such as media, case studies and practise activities) and your online tutor.

Assessments are accessed and submitted through KapLearn.

Corporate clients should contact our Corporate Solutions team at corporate@kaplan.edu.au to discuss delivery options and how we can further tailor our training to meet your business needs.

No units of competency are awarded for this subject.

No pathways for this subject.

There is no RPL available for this course as there are no units of competency awarded.

Policies

Student policies

Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.

Terms and conditions

Click here to access our terms and conditions.

Refund policy

Access our refund policy.

Fees

Individual subject $585 (GST exempt) each.

For additional study-related fees, please click here.

Support and wellbeing

We understand studying isn’t always easy; you may not have studied for some time or perhaps you haven’t studied online previously. Kaplan Professional recognises juggling study with work and family commitments, while trying to find the balance can be demanding.

Your wellbeing and safety is paramount to Kaplan Professional. We want to ensure your experience is well-rounded and balanced to help you attain the most from your studies, so we encourage you to take advantage of the services available to you.

Support and wellbeing

We understand studying isn’t always easy; you may not have studied for some time or perhaps you haven’t studied online previously. Kaplan Professional recognises juggling study with work and family commitments, while trying to find the balance can be demanding.

Your wellbeing and safety is paramount to Kaplan Professional. We want to ensure your experience is well-rounded and balanced to help you attain the most from your studies, so we encourage you to take advantage of the services available to you.

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