Unit 2: Tax Compliance Basics - 2024
By Lisa Greig
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2h 9m CPD time
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Learn about income tax fundamentals such as income and deductions, and see how a typical tax compliance job might look like.
In this unit, we cover:
Introduction to the tax system
Income tax fundamentals
The income tax calculation
What is assessable income?
What are allowable deductions?
Capital gains
Tax offsets and rebates
Substantiation requirements
Tax reconciliation process
Tax compliance process - typical workflow
Date recorded: 15 February 2024