Taxation and commercial law courses for financial advisers
Explore taxation and commercial law study options
We deliver approved training and education for those who intend to provide tax (financial) advice services to retail clients.
Taxation is an area which is under constant change and financial professionals should be aware of the Australian taxation system. Our courses cover the areas required by the Corporations (Relevant Providers—Education and Training Standards) Determination 2021 made under the Corporations Act 2001 for those financial advisers who wish to qualify as “tax (financial) advisers”.
More information on the educational requirements of tax (financial) advisers is available on the ASIC website.
Financial adviser course guide: TPB516FA and TPB517FA
- TPB516FA Australian Taxation Law for Tax (financial) Advisers — covers Australian taxation principles, including income tax, capital gains tax, GST and superannuation.
- TPB517FA Commercial Law for Tax (financial) Advisers — explore the commercial law course overview, assessments and study information below.
Searching for TPB516 or TPB517?
Use the full course name and FA code to identify the financial adviser subject. TPB516 on its own is ambiguous: AAMC also lists TPB516TA Australian Taxation Law for Tax Agents on a separate page. A shortened code does not confirm the audience, version or equivalence.
Older course codes and new versions
Searching for TPB506, TPB506FA, TPB507 or TPB507FA? ASIC lists these historical AAMC course codes for Australian taxation law and commercial law for tax (financial) advisers. This page lists TPB516FA and TPB517FA. Ask our team to confirm the relationship between your older course and the current offering; the codes alone do not establish equivalence.
If your transcript or course advice uses a different code, contact AAMC Training with the exact code, course name and completion date. Confirm the appropriate course and any replacement or upcoming version before enrolling. Historical listings should not be treated as confirmation that different course codes are interchangeable. Review the ASIC education and training requirements for tax (financial) advice services with your licensee when assessing your requirements.
Seeking subjects for a tax agent registration pathway? Compare our tax agent courses in taxation law, commercial law and TASA 2009.
You may also know these subjects as tax law or taxation and commercial law courses for financial advisors. Use the full subject names above to compare the two courses and check which study is relevant to your needs.
TPB516FA Australian Taxation Law for Tax (financial) Advisers
Course overview
In this course, individuals are introduced to the Australian taxation system, and the ways rules and regulations might affect a client’s strategies and investments. It explores how different types of income can attract different taxation treatment, with specific attention to capital gains, GST, and superannuation.
Our course in Taxation Law covers the requirements for tax (financial) advisers seeking registration.
This course covers the following areas of knowledge:
- The consequences of not providing a Tax File Number (TFN);
- Different income tax components;
- How deductions may reduce taxable income;
- Calculating income tax liabilities;
- Various tax offsets and rebates available to Australian taxpayers;
- Capital Gains Tax (CGT) and how it applies to capital gains and losses;
- Taxation of Superannuation
- Goods and Services Tax;
- Medicare Levy and Surcharge;
- Fringe Benefits Tax.
Independent Supervision
At least 40% of the assessment for the entire course must be completed under independent supervision. The following people are some who are considered as “Independent Supervisors”:
- examination officers of universities
- TAFE or registered training organisation
- ministers of religion
- police officers
- lecturers, teachers, school principals or deputy principals
- justices of the peace
- commissioners of declarations, or
- a person who is currently licensed or registered under a law of a state or territory to practise in one of the occupations listed here.
The following are not considered “Independent Supervisors”:
- family member
- friend
- someone with a close personal or professional relationship (i.e., business partner) with the individual undertaking the assessment.
AAMC Training may supervise your assessment for an additional charge – please refer to our terms and conditions under the fee schedule.
More information on training requirements are available here.
Assessments
2 x Online multi-choice assessments
2 x Online short answer assessments (must be done under supervision)
1 x Written assessment
1 x Workplace project
Other course information
This course is designed to be completed online in your own time. Your enrolment is valid for a period of six months.
For the independent supervision requirement, you may need to either attend other premises, or do a virtual supervision, sharing your screen with your supervisor.
CPD Hours – 6
CPD BREAKDOWN:
• Technical competence: 4.5 hours
• Client Care and Practice: 0.5 hour
• Regulatory Compliance and Consumer Protection: 0.5 hour
• Professionalism and Ethics: 0.5 hour
TPB517FA Commercial Law for Tax (financial) Advisers
Course overview
This course provides learners with the skills and knowledge required to apply the legal principles in commercial law when providing tax (financial) advice services.
This course applies to individuals who provide tax (financial) advice services as defined in the Tax Agent Services Act 2009 (Cth). Individuals providing such services are generally required to be registered tax (financial) advisers.
This course covers the following areas of knowledge:
- Australian legal systems and Commercial Law;
- Legal concepts of Contract Law;
- Legal concepts of Consumer Law;
- Business structures;
- Key features of Australian Corporations Law;
- Key concepts of Trusts;
- Commercial Law information;
- Applying knowledge to business structures;
Independent Supervision
At least 40% of the assessment for the entire course must be completed under independent supervision. The following people are some who are considered as “Independent Supervisors”:
- examination officers of universities
- TAFE or registered training organisation
- ministers of religion
- police officers
- lecturers, teachers, school principals or deputy principals
- justices of the peace
- commissioners of declarations, or
- a person who is currently licensed or registered under a law of a state or territory to practise in one of the occupations listed here.
The following are not considered “Independent Supervisors”:
- family member
- friend
- someone with a close personal or professional relationship (i.e., business partner) with the individual undertaking the assessment.
AAMC Training may supervise your assessment for an additional charge – please refer to our terms and conditions under the fee schedule.
More information on training requirements are available here.
Assessments
2 x Online multi-choice assessments
2 x Online short answer assessments (must be done under supervision)
1 x Written assessment
Other course information
This course is designed to be completed online in your own time. Your enrolment is valid for a period of six months.
For the independent supervision requirement, you may need to either attend other premises, or do a virtual supervision, sharing your screen with your supervisor.
CPD Hours – 4
CPD BREAKDOWN:
- Technical Competence: 3.5 hours
- Regulatory Compliance and Consumer Protection: 0.25 hour
- Professionalism and Ethics: 0.25 hour
Contact Us
- 03 9391 3643
- Int +61 39391 3643
- Suite 102, 139 Cardigan Street, Carlton VIC 3053
Accredited Courses for Financial Advisers
View current course fees and study options
Review the course fees and delivery options below. Contact our team if you need help choosing how to study.
If you are a visa holder or under 18 please contact us prior to applying for enrolment.
Student Testimonials
The success of our business is built on our strong industry reputation and the great outcomes achieved by our learners. Here are just a few highlights…
TASA2009 Excellent course!
Clear explanations, practical examples, and easy-to-follow content. It really helped me understand complex topics in a simple way. Highly recommend!
Subash
Student
xxx
Student
TPB503TA - This course was excellent!
The lessons were well-organized and covered all the important information clearly. The price was affordable and worth it. The support team was always quick to help and answer any questions I had. I would definitely recommend this course to anyone looking to learn more!
Subash
Student
XXX
Student
Frequently Asked Questions
What are CPD hours?
Continual Professional Development (CPD) provides each individual with a framework within which they must take responsibility for their own learning. A number of associations have CPD programs in place and the CPD has become a legal requirement in many sectors of the finance industry. Hours are awarded for each activity and these hours are set by the relevant associations or the regulatory bodies pertaining to the relevant profession.
Are the courses nationally recognised?
AAMC Training Group is a wholly Australian owned Registered Training Organisation (RTO number 51428), operating nationally and internationally.
Is this course accepted by industry associations?
All of our qualification courses are both nationally recognised by the FBAA and MFAA.