Tax and super units in Financial Services Certificates III and IV

We have worked with Innovation and Business Skills Australia (IBSA) to develop two units of competency which have been included in Certificates I and II of the FNS10 Financial Services Training Package.

We are continuing our work with IBSA to have the units included in Financial Services Certificates III and IV. They are:

• Develop understanding of taxation (FNSFLT206A)
  This unit describes the performance outcomes, skills and knowledge required to understand the role of taxation in the Australian economy, including why and how taxes are levied and collected, types of taxes paid by business and individuals, and their impact on investment choices.
• Develop understanding of superannuation (FNSFLT204A)
  This unit describes the performance outcomes, skills and knowledge required to understand the role of superannuation and other long-term investment strategies, and to make effective and informed decisions about the related products.

Detailed information on the units is available from the Training.gov.au (TGA).