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Evidence Guide: BSBINT408 - Prepare business advice on the taxes and duties for international trade transactions

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

BSBINT408 - Prepare business advice on the taxes and duties for international trade transactions

What evidence can you provide to prove your understanding of each of the following citeria?

Assess applicability of relevant taxes and duties to international trade transactions

  1. Research the applicability of relevant taxes and duty to international trade transactions
  2. Research allowable exemptions and specialised schemes and legislations relating to international taxes or applicability to enterprise operations and specific international trade transactions
  3. Apply allowable exemptions to trade transactions
  4. Check accuracy of assessments
Research the applicability of relevant taxes and duty to international trade transactions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Research allowable exemptions and specialised schemes and legislations relating to international taxes or applicability to enterprise operations and specific international trade transactions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Apply allowable exemptions to trade transactions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Check accuracy of assessments

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate taxes and duty

  1. Identify components of international trade transactions to be included in calculations
  2. Calculate taxes and duty on international trade transactions
  3. Check accuracy of calculations
Identify components of international trade transactions to be included in calculations

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Calculate taxes and duty on international trade transactions

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Check accuracy of calculations

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Prepare business advice on applicable taxes and duty

  1. Prepare results of calculations and business advice in required format
  2. Check calculations for accuracy, and seek and obtain verification from relevant personnel as required
  3. Pass completed business advice to client and other relevant personnel as required
Prepare results of calculations and business advice in required format

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Check calculations for accuracy, and seek and obtain verification from relevant personnel as required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Pass completed business advice to client and other relevant personnel as required

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Assess applicability of relevant taxes and duties to international trade transactions

1.1 Research the applicability of relevant taxes and duty to international trade transactions

1.2 Research allowable exemptions and specialised schemes and legislations relating to international taxes or applicability to enterprise operations and specific international trade transactions

1.3 Apply allowable exemptions to trade transactions

1.4 Check accuracy of assessments

2 Calculate taxes and duty

2.1 Identify components of international trade transactions to be included in calculations

2.2 Calculate taxes and duty on international trade transactions

2.3 Check accuracy of calculations

3 Prepare business advice on applicable taxes and duty

3.1 Prepare results of calculations and business advice in required format

3.2 Check calculations for accuracy, and seek and obtain verification from relevant personnel as required

3.3 Pass completed business advice to client and other relevant personnel as required

Required Skills and Knowledge

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1 Assess applicability of relevant taxes and duties to international trade transactions

1.1 Research the applicability of relevant taxes and duty to international trade transactions

1.2 Research allowable exemptions and specialised schemes and legislations relating to international taxes or applicability to enterprise operations and specific international trade transactions

1.3 Apply allowable exemptions to trade transactions

1.4 Check accuracy of assessments

2 Calculate taxes and duty

2.1 Identify components of international trade transactions to be included in calculations

2.2 Calculate taxes and duty on international trade transactions

2.3 Check accuracy of calculations

3 Prepare business advice on applicable taxes and duty

3.1 Prepare results of calculations and business advice in required format

3.2 Check calculations for accuracy, and seek and obtain verification from relevant personnel as required

3.3 Pass completed business advice to client and other relevant personnel as required