Taxation of partnerships

 
Portrait of happy staff looking at camera while working together in warehouse.
 
Unit details

Level:   Advanced


Estimated learning duration:   10 hours


CPD:   10 hours


Assessment:   20 multiple choice questions within 60 minutes. 75% pass mark.
2 attempts permitted.


Assumed knowledge:   It is recommended learners complete the Taxation of unincorporated businesses unit prior to undertaking this unit.


 

 

Learning outcomes:

  • Revisit basic partnership topics
  • Calculate the net income of a partnership in complex scenarios
  • Calculate the taxable income of a partner in a partnership in complex scenarios
  • Explain the taxation consequences where a partnership agreement is varied
  • Apply relevant taxation integrity measures to partners and partnerships