SLIDE 3 18/02/2015 3
The Tax Institute Advanced Standing
Previous course/subject name Exemption(s) CTA1 Foundations; or Tax for Financial Advising
CTA2 Advanced
- ATL003 CTA2A Advanced
- ATL004 CTA2B Advanced
CTA3 Advisory
- 1x tax speciality elective; or
- 1x core subject
CommLaw1 Australian Legal Systems
- ATL002 CommLaw1 Australian Legal Systems
CommLaw2 Entities and Business Structures
- ATL005 CommLaw2 Entities and Business Structures
CommLaw3 Property Law
- ATL006 CommLaw3 Property Law
No maximum number of advanced standing when enrolling in 2015 Application required for advanced standing upon enrolment
- Must complete advanced standing form for credit transfer
External provider Recognition of Prior Learning (RPL)
Rule of thumb:
- Undergraduate degree = 1 exemption;
- Postgraduate degree = 2 exemptions
Application required for RPL upon enrolment
- Must complete RPL form for credit transfer
Provide transcript and learning outcomes of the subject you are using for exemption when enrolling. Provider (not limited to) RPL ICAA more than 10years prior; and 12 months relevant experience in the last 3 years.
- ATL001 CTA1 Foundations; or
- ATL003 CTA2A Advanced
ICAA less than 10years ago; and 12 months relevant experience in the last 3 years.
- ATL001 CTA1 Foundations; and
- ATL003 CTA2A Advanced
CPA Australia Advanced Taxation and/or the previous Taxation segment less than 10 years ago; and completed an undergraduate subject in tax; and 12 months’ relevant experience in the last 3 years.
- ATL001 CTA1 Foundations; and
- ATL003 CTA2A Advanced
CPA Australia Advanced Taxation and/or the previous Taxation segment more than 10 years prior; and completed an undergraduate subject in tax; and 12 months’ relevant experience in the last 3 years.
Undergraduate Law Degree (including double degree)
- 1x Commercial Law elective
Undergraduate degree with tax subject; and 12 months relevant experience
Post-graduate degree with tax subject(s); and 12 months relevant experience
- ATL001 CTA1 Foundations
- ATL003 CTA2A Advanced
Recommended study pattern
CA graduates (Tax subject completed less than 10years ago with 12 months experience*)
2015
Year 1 Accelerated Regular Study Period 1 ATL004 CTA2B Advanced ATL004 CTA2B Advanced ATL007 Advanced Superannuation Study Period 2 ATL008 Tax for Trusts in Estate Planning and Wealth Management ATL008 Tax for Trusts in Estate Planning and Wealth Management ATL009 Corporate Tax Obtain Graduate Diploma of Applied Tax Law Study Period 3 ATL007 Advanced Superannuation
2016
Year 2 (Subject to Availability) Study Period 1 ATL009 Corporate Tax Attain Graduate Diploma of Applied Tax Law *Must complete RPL form for credit transfer
Recommended study pattern
Becoming a registered Tax/BAS Agent
2015
Year 1 Accelerated Regular Study Period 1 ATL001 CTA1 Foundations (including Challenge Exam) ATL001 CTA1 Foundations (including Challenge Exam) ATL002 CommLaw1 Australian Legal Systems Study Period 2 ATL003 CTA2A Advanced ATL003 CTA2A Advanced ATL005 CommLaw2 Business and Entity Structures Study Period 3 ATL004 CTA2B Advanced ATL004 CTA2B Advanced ATL006 CommLaw3 Property Law Obtain Graduate Diploma of Applied Tax Law
2016
Year 2 (Subject to Availability) Study Period 1 ATL002 CommLaw1 Australian Legal Systems Study Period 2 ATL005 CommLaw2 Business and Entity Structures Study Period 3 ATL006 CommLaw3 Property Law Obtain Graduate Diploma of Applied Tax Law
Recommended study pattern
Becoming a Chartered Tax Adviser (CTA)
2015
Year 1 Accelerated Regular Study Period 1 ATL001 CTA1 Foundations (including Challenge Exam) ATL001 CTA1 Foundations (including Challenge Exam) ATL003 CTA2A Advanced Study Period 2 ATL004 CTA2B Advanced ATL003 CTA2A Advanced 1x Elective Study Period 3 1x Elective ATL004 CTA2B Advanced
2016
Year 2 (Subject to Availability) Study Period 1 CTA3 Advisory (Outside of the Graduate Diploma of Applied Tax Law, receives exemption for 1 elective) CTA3 Advisory (Outside of the Graduate Diploma of Applied Tax Law, receives exemption for 1 elective) Obtain Graduate Diploma of Applied Tax Law 1x Elective Study Period 2 Study Period 3 1x Elective Obtain Graduate Diploma of Applied Tax Law
What is the CTA3 Advisory course?
Case Studies
- International Tax
- Employee Share Plans
- Corporate Tax
- Trusts
- Goods and Services Tax
- Capital Gains Tax
Study Mode and Deliverance
- 22 weeks
- Face-to-face or distance study
- Group discussions every 3 – 6 weeks
Entry Pathways
- CTA1 Foundations, CTA2A Advanced and
CTA2B Advanced (or equivalent); or
- Masters of Tax; and
- 3 years of work experience; and
- Fellow of The Tax Institute (included upon enrolment)
Assessment
- One letter of advice based on a case study of
your choice
- Open book exam, when you will re-write your
letter of advice based on a late breaking fact. Sessions/Teleconference
- Tax professionals specialised in the subject
- Read the papers provided in the recommended
readings
- Attempt a solution by making notes on the ways
you would arrive at recommendations to a client
