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Subjects 2008


Taxation of Remuneration 730661

Objectives
A candidate who has successfully completed the subject should have an advanced understanding of the technical rules underlying the taxation of remuneration derived in a variety of forms.
Syllabus

This subject will provide an advanced and specialised study of the taxation of employee remuneration and the remuneration of individuals in analogous independent contracting situations. One focus will be on the practices in packaging salaries that result from the different timing and valuation rules, and the differences of tax treatment applied to elements of a package under the income tax and fringe benefits tax.

Principal topics will include:

  • Income tax issues of remuneration
  • Employee deductions
  • Substantiation
  • Fringe benefits tax
  • Employee share schemes
  • Retirement planning
  • Taxation of expatriate employees.