ACCTN575-21B (HAM)

Advanced Taxation

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: maxine.hayward@waikato.ac.nz

Placement/WIL Coordinator(s)

Tutor(s)

: summer.gong@waikato.ac.nz

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5, 9 or 3 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
    • For extensions starting with 3: dial +64 7 2620 + the last 3 digits of the extension e.g. 3123 = +64 7 262 0123.
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Paper Description

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The paper covers the broad framework of the main tax statutes and the detailed effect of selected specific provisions. It also gives an appreciation of the basic applications of taxation the importance of taxation in business decisions and the calculation of Goods and Services Tax and Income Tax.

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Paper Structure

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A combination of 3x Lectures and one Tutorial per week.
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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • 1. Understand and explain the fundamental principles underpinning taxation, the New Zealand Tax System including Tax Administration by IRD and New Zealand Tax Residence.
    Linked to the following assessments:
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Assessment

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Internal Assessment as advised in the Component list in your paper outline. (Test 1: 20%), (Test 2: 20%), Company Taxation Assignment: (15%), Tutorial Assignment: (5%), Taxation Research Essay: (40%) (Assessment Total: 100%), (No Exam).

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Test 1
13 Aug 2021
1:00 PM
20
  • Other: Submit hard copy to lecturer in supervised test
2. Test 2
17 Sep 2021
1:00 PM
20
  • Other: Submit hard copy to lecturer in supervised test
3. Test 3
15 Oct 2021
1:00 PM
25
  • Other: Submit hard copy to lecturer in supervised test
4. Tutorial Assignment
15 Oct 2021
No set time
10
  • Hand-in: In Tutorial
5. Company Assignment
29 Oct 2021
12:00 PM
25
  • Online: Submit through Moodle
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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1. Prescribed Statutes: As Reprinted and annotated in:
i) Income Tax Act 2007 New Zealand Tax Legislation for students:
ii) Income Tax Amendment Acts Income Tax Act 2007 and other legislation. 2019 Edition CCH
iii) Goods and Services Tax Act 1985 (Reprinted)
iv) Goods and Services Tax Amendment Acts
2. Prescribed Text: 2021 New Zealand Master Tax Guide. Auckland, CCH New Zealand Ltd.
NB Personal copies of the above statutes and MTG are the only written materials permitted to be used by students at tests (as and when relevant). But in order to be eligible such copies must be free of any added annotations, except as to identity of owner and emphasis markings. STAFF WILL BE OBLIGED TO IMPOUND INFRINGING COPIES: therefore, upon detection, any offending student would be required to sit the relevant paper without the benefit of the statutes. Only the 2021 version of the text will be allowed in the Test Rooms and no other versions will be allowed.
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Recommended Readings

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• New Zealand Income Tax Law and Practice
• New Zealand Tax Cases
• Chartered Accountants Journal of New Zealand
• Staples’ Guide to New Zealand Tax Practice, Mancer & Veal, Brookers Current Ed.
• NZ Taxation current edition, Alley, Maples, Veal and Polson Higgs & Co, Thomson Brookers
• Taxation Education Office publications
• Technical Information Bulletin publications
• The Independent
• The National Business Review
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Other Resources

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'MyWeb' is a website for access to relevant information for papers and databases. It has a shared web resources page with useful hyperlinks.
The paper can be accessed from www.mngt.waikato.ac.nz/myweb. Enter your username and password, and select the paper ACCT575-17B. Then select 'Web Resources' on the list on the left of the screen, a page of useful taxation links will appear.
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Online Support

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If you require online support for Moodle please email helpdesk at: itshelp@waikato.ac.nz
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Workload

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As advised in the hard-copy paper outline.
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Linkages to Other Papers

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Note any linkages to other papers where the linkage is of importance.
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Prerequisite(s)

Prerequisite papers: ACCT576 or ACCTN576

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: ACCT575

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