MLC301 - Principles of Income Tax Law
| Year: | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | Not available for students enrolled in Bachelor of Laws (including combined Law awards) |
| Prerequisite: | Students must have passed MLC101. For previous Law or Law combined students who have passed MLL111 or MLP119, no prerequisite required. |
| Corequisite: | Nil |
| Incompatible with: | MLC703, MLL406 |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 3 hour on-campus lecture (recordings provided) and 1 x 1 hour on-campus seminar (recordings provided) each week |
| Scheduled learning activities - online | 1 x 3 hour online lecture (recordings provided) and 1 x 1 hour online seminar (recordings provided) each week |
Content
This unit covers legal principles applicable to income taxation in Australia. Topics include: assessable income and deductions; capital gains; trading stock; taxable entities; taxation administration; Fringe Benefits Tax; and Goods and Services Tax.
Hurdle requirement
Hurdle requirement: achieve at least 50% of the marks available on the examination to evidence a minimum proficiency in the aligned discipline learning outcomes included in this unit.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.