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Income Tax Syllabus


Introduction to the course and income basics

This covers everything from assessing what counts as income to PAYG summaries, government payments, and calculating taxable income rates.

Work-related Deductions

This chapter delves into what counts as a deduction, plus typical expenses, donations, interest, and dividends.


A look at the difference between a deduction and a tax offset, the seniors and pensioners offset and all aspects of the Medicare levy, including exemptions and surcharges.

Depreciating Assets

This chapter examines depreciation in all its forms and variations, as well as uniform capital allowances and low-value pooling.

Motor vehicle and travel deductions

A deep dive into all motor vehicle-related expenses, including all relevant travel expenses, award transport payments and other valid travel expenses.

Self education and tax offsets

From HECS to HELP and self-education, this chapter looks at all of the benefits, deductions, and expenses connected to self-education. This chapter also looks at a variety of tax offsets that can be claimed by some individuals.

Other income streams

This chapter starts with Employment Termination Payments and moves into everything you need to know about super, including lump sum payments, bonuses, and alternative income.

Rental properties

A wide-ranging look at all aspects of tax relating to rental properties, including income, deductions, expenses and negative gearing.

Capital gains

This chapter introduces Capital Gains Tax and then examines it in detail, covering everything from understanding assets to indexation and offsets.

Foreign income and trust income

Foreign income, assets, pensions – and what to do about them under Australian tax law – are all covered in this chapter. Then a closer look at declaring trust income earned from a managed investment.


This chapter examines tax implications and requirements for temporary residents and non-residents, including income, Medicare, offsets, and superannuation.

Personal services and business income

The final chapter takes a close look at personal services income and all forms of small business income and related taxation requirements.