Try our course finder tool
ENROL NOW DOWNLOAD OUTLINE ENQUIRE

Need help?

1300 135 798

Subject overview


STUDY MODE

100% online

AQF LEVEL

8

NEXT INTAKE

28 Oct 2024

SUBJECT DURATION

12 weeks

SUBJECT FEE

$2,600.00


This subject focuses on the key principles of the Australian taxation system encountered in the provision of professional financial planning advice. It is designed to build advice capability in personal and business tax affairs and addresses concepts including taxation structures, taxable income, deductions, capital gains tax, fringe benefits tax, goods and services tax as well as professional standards and ethics.

FPC006 Taxation for Financial Planning (available from Study Period 3, 2022) complies with 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 this subject, individuals should be able to:

  • Explain the role of key stakeholders in the Australian taxation system
  • Classify and apply concepts of income, expenses, rebates and offsets in calculating tax outcomes
  • Interpret and communicate taxation issues and strategies in the provision of financial planning advice
  • Calculate and evaluate employee remuneration arrangements
  • Compare and contrast the tax treatment of different entities
  • Analyse situations which may lead to the application of integrity measures and penalty provisions
  • Explain and reflect on the role of ethical, professional and legal standards in providing tax (financial) advice

Topics covered

  1. Key taxation concepts
  2. Ordinary and statutory income
  3. Capital gains tax (CGT)
  4. General and specific deductions
  5. Tax offsets and personal income tax
  6. Superannuation and remuneration planning
  7. Business entities
  8. Goods and services tax (GST)
  9. Integrity measures, tax avoidance and penalties
  10. Tax and advice professional frameworks

Continuing Professional Development (CPD)

Kaplan Professional has assessed this subject. Click here for the following CPD hours applicable from 1 January 2019 on successful completion of this course. For subjects or courses completed prior to this date, please contact Kaplan Professional’s CPD Support team on 1300 527 526 or pdmail@kaplan.edu.au.

Duration

The duration of this subject is one study period (12 weeks).

Reading list

There is no prescribed text for this subject.

Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.

Reading list

Assessments

Assessment typeAssessedWeighting
Quiz 1Week 510%
Assignment 1Week 740%
Quiz 2Week 1010%
Assignment 2Week 1240%

Previous study requirements

Assumed knowledge

Kaplan Professional assumes that individuals have completed FPC001B Economic and Legal Context for Financial Planning, FPC002B Ethics and Professionalism in Financial Advice, FPC003 Superannuation and Retirement Advice and FPC004 Insurance Advice, or understand the content covered in those subjects, prior to undertaking FPC006 Tax and Commercial Law for Financial Planning.

Course transition subject equivalence

There are no equivalences for this subject.

Study dates

Study Period 6 2024

30 Sep 2024 - 17 Jan 2025

❌ Enrolments now closed

Early access opens 30 September 2024

Early access to assessments 14 October 2024

Study period commences 28 October 2024

Enrolments close/census 13 November 2024

Study period ends 17 January 2025

Assessment dates See assessment information

Study Period 1 2025

16 Dec 2024 - 4 Apr 2025

✓ Enrolments open now

Early access opens 16 December 2024

Early access to assessments 30 December 2024

Study period commences 13 January 2025

Enrolments close/census 29 January 2025

Study period ends 4 April 2025

Assessment dates See assessment information

Study Period 2 2025

10 Feb 2025 - 30 May 2025

✓ Enrolments open now

Early access opens 10 February 2025

Early access to assessments 24 February 2025

Study period commences 10 March 2025

Enrolments close/census 26 March 2025

Study period ends 30 May 2025

Assessment dates See assessment information

Study Period 3 2025

7 Apr 2025 - 25 Jul 2025

✓ Enrolments open now

Early access opens 7 April 2025

Early access to assessments 21 April 2025

Study period commences 5 May 2025

Enrolments close/census 21 May 2025

Study period ends 25 July 2025

Assessment dates See assessment information

Study Period 4 2025

2 Jun 2025 - 19 Sep 2025

✓ Enrolments open now

Early access opens 2 June 2025

Early access to assessments 16 June 2025

Study period commences 30 June 2025

Enrolments close/census 16 July 2025

Study period ends 19 September 2025

Assessment dates See assessment information

Study Period 5 2025

25 Aug 2025 - 14 Nov 2025

✓ Enrolments open now

Early access opens 28 July 2025

Early access to assessments 11 August 2025

Study period commences 25 August 2025

Enrolments close/census 10 September 2025

Study period ends 14 November 2025

Assessment dates See assessment information

Study Period 6 2025

27 Oct 2025 - 16 Jan 2026

❌ Enrolments now closed

Early access opens 29 September 2025

Early access to assessments 13 October 2025

Study period commences 27 October 2025

Enrolments close/census 12 November 2025

Study period ends 16 January 2026

Assessment dates See assessment information

Fees and FEE-HELP

Enrolment feesFee
Subject fee 2024$2,600 (GST free)

Note: If this subject is undertaken as a standalone subject, no FEE-HELP is available.

FEE-HELP is available for individuals undertaking this subject as part of a qualification. Click here to find out if you’re eligible.

Click here for a full list of fees and allowances.

Subject enhancements

We’re pleased to announce that the following enhancements have been made to this subject:

  • Replaced the final exam with alternative assessment (Assignment 2).
  • Revised the timing and positioning of the online workshops and drop-in sessions to align with assessments.

Programs you might be interested in

CRS1300149

Master of Financial Planning

Our online, FAS-approved Master of Financial Planning is a purpose-built higher education qualification set at AQF level 9. It’s designed and developed in consultation with industry experts, and combines advanced technical rigour with practical and relevant performance-focused learning outcomes.
CRS1200364

Master of Applied Finance

Leading online degree designed for ambitious and savvy individuals who are looking for advanced academic rigour, but thrive on practical and real-world learning immediately applicable in the workplace, and directly relevant to future career roles. It caters to experienced finance professionals and those transitioning into the field, integrating learning outcomes with pathways for further accreditation such as a CFA®.
CRS1200368

Graduate Diploma of Financial Planning

An eight-subject postgraduate qualification set at AQF Level 8 and FAS approved. Includes the first eight subjects of the FAS-approved Master of Financial Planning.

Related articles

Why Australian finance professionals are choosing Kaplan Professional’s Master of Applied Finance | Kaplan Professional

Kaplan Professional's 100% online Master of Applied Finance (MAF) program offers more flexibility, new specialisations and new subjects.

How to prepare for an online proctored exam

With online courses being one of the most convenient ways to study, online proctored exams have also become a popular option among education providers and students.

Fitting postgraduate study into a busy life

In this article, we’ve put together some tips for balancing study and work to help guide you.
ENROL NOW ENQUIRE