Handbook

This course does a deep dive into the administration of Australia's self-assessment income tax system, focusing on the policy, and on the practical challenges of complying with our tax laws. It covers the assessment and amendment processes, the reliance that can be made on Australian Taxation Office (ATO) rulings, the Commissioner's information gathering power and its limitations, and the ATO’s analysis of collected data. The curriculum also explores the review and audit processes, tax corporate governance, tax risk management, involuntary tax collection, and the ethics and obligations of tax agents, including digitisation's impact on these areas. Additionally, it provides an overview of the general anti-avoidance rules and their operational framework. Through a comprehensive yet concise approach, students will gain essential insights into navigating the complexities and responsibilities within Australia's tax system.