University students and tax literacy: opportunities and lessons for tax teaching

Article


Chardon, Toni, Lee, Chrisann, de Zwaan, Laura and Liu, Yulin. 2016. "University students and tax literacy: opportunities and lessons for tax teaching." Journal of the Australasian Tax Teachers Association. 11 (1), pp. 85-102.
Article Title

University students and tax literacy: opportunities and lessons for tax teaching

ERA Journal ID33540
Article CategoryArticle
AuthorsChardon, Toni (Author), Lee, Chrisann (Author), de Zwaan, Laura (Author) and Liu, Yulin (Author)
Journal TitleJournal of the Australasian Tax Teachers Association
Journal Citation11 (1), pp. 85-102
Number of Pages18
Year2016
PublisherAustralasian Tax Teachers Association
Place of PublicationSydney, Australia
ISSN1832-911X
Web Address (URL)https://www.business.unsw.edu.au/About-Site/Schools-Site/Taxation-Business-Law-Site/Journal%20of%20The%20Australasian%20Tax%20Teachers%20Associati/JATTA-2016-Chardon-Lee-DeZwaan-Liu.pdf
Abstract

Financial literacy is important due to the growing complexity of financial products,increases in life expectancy and reliance on self‐funded retirement support.Previous research has identified that aspects of tax and superannuation form part of overall financial literacy, and that there are gaps in the understanding of some of these concepts which could lead to poor financial decisions. This paper reports on a recent survey of Australian university students and their perceptions of the importance of financial literacy, the extent to which they had been taught financial literacy at school, and their level of understanding of some basic tax and
superannuation concepts. The results of the survey highlight the importance of taxation as a component of financial literacy, opportunities for cross‐disciplinary
tax teaching and insights for tax teaching and advisor training more broadly.

Keywordsfinancial literacy, financial capability, tax literacy, legal education, tax education
ANZSRC Field of Research 2020489999. Other law and legal studies not elsewhere classified
480106. Taxation law
Public Notes

Published version deposited in accordance with the copyright policy of the publisher. Article originally presented at the 28th Australasian Tax Teachers Association Conference: Tax and Time Travel - Looking Backwards and Looking Forwards, Sydney, 20-22 Jan 2016.

Byline AffiliationsSchool of Law and Justice
Queensland University of Technology
Institution of OriginUniversity of Southern Queensland
Permalink -

https://research.usq.edu.au/item/q3v63/university-students-and-tax-literacy-opportunities-and-lessons-for-tax-teaching

Download files


Published Version
  • 1565
    total views
  • 104
    total downloads
  • 2
    views this month
  • 1
    downloads this month

Export as

Related outputs

Avoiding the accountability 'sham-ritual': An agonistic approach to beneficiaries' participation in evaluation within nonprofit organisations
Kingston, Kylie L., Furneaux, Craig, de Zwaan, Laura and Alderman, Lyn. 2023. "Avoiding the accountability 'sham-ritual': An agonistic approach to beneficiaries' participation in evaluation within nonprofit organisations." Critical Perspectives on Accounting. 92. https://doi.org/10.1016/j.cpa.2020.102261
From monologic to dialogic: accountability of nonprofit organisations on beneficiaries’ terms
Kingston, Kylie L., Furneaux, Craig W., de Zwaan, Laura and Alderman, Lyn. 2019. "From monologic to dialogic: accountability of nonprofit organisations on beneficiaries’ terms." 9th Asia-Pacific Interdisciplinary Research in Accounting Conference (APIRA 2019). Auckland, New Zealand 01 - 03 Jul 2019
The multi-modality of downwards accountability to beneficiaries within nonprofit organisations
Kingston, Kylie L., Furneaux, Craig W., de Zwaan, Laura and Alderman, Lyn. 2018. "The multi-modality of downwards accountability to beneficiaries within nonprofit organisations." 14th Australian and New Zealand Third Sector Research Conference 2018. Sydney, Australia 29 - 30 Nov 2018 Australia.
From monologic to dialogic: accountability of nonprofit organisations on beneficiaries' terms
Kingston, Kylie L., Furneaux, Craig, de Zwaan, Laura and Alderman, Lyn. 2019. "From monologic to dialogic: accountability of nonprofit organisations on beneficiaries' terms." Accounting Auditing and Accountability Journal. 33 (2), pp. 447-471. https://doi.org/10.1108/aaaj-01-2019-3847
Tax literacy of Australian small businesses
Freudenberg, Brett, Chardon, Toni, Brimble, Mark and Belle Isle, Melissa. 2017. "Tax literacy of Australian small businesses." Journal of Australian Taxation. 18 (2), pp. 21-61.
Overconfidence in financial literacy: implications for planners
de Zwaan, Laura, Lee, Chrisann, Liu, Yulin and Chardon, Toni. 2017. "Overconfidence in financial literacy: implications for planners." Financial Planning Research Journal. 3 (2), pp. 31-46.
Tax and superannuation literacy: Australian and New Zealand perspectives [Part 2]
Chardon, Toni, Brimble, Mark and Freudenberg, Brett. 2017. "Tax and superannuation literacy: Australian and New Zealand perspectives [Part 2]." Taxation Today.
Tax and superannuation literacy: Australian and New Zealand perspectives [Part 1]
Chardon, Toni, Brimble, Mark and Freudenberg, Brett. 2017. "Tax and superannuation literacy: Australian and New Zealand perspectives [Part 1]." Taxation Today.
Are Australians under or over confident when it comes to tax literacy, and why does it matter?
Chardon, Toni, Freudenberg, Brett and Brimble, Mark. 2016. "Are Australians under or over confident when it comes to tax literacy, and why does it matter?" eJournal of Tax Research. 14 (3), pp. 650-682.
Broadening generic skills development: improving financial literacy of university students
Palm, Chrisann, de Zwaan, Laura and Chardon, Toni. 2015. "Broadening generic skills development: improving financial literacy of university students." RMIT Accounting Educators’ Conference 2015: Responding to Challenges: The Future of Accounting Education. Melbourne, Australia 23 Nov 2015 Australia.
Tax and superannuation literacy: Australian and New Zealand perspectives
Chardon, Toni, Brimble, Mark and Freudenberg, Brett. 2016. "Tax and superannuation literacy: Australian and New Zealand perspectives." New Zealand Journal of Taxation Law and Policy. 22, pp. 327-345.
Tax literacy in Australia: not knowing your deduction from your offset
Chardon, Toni, Freudenberg, Brett and Brimble, Mark. 2016. "Tax literacy in Australia: not knowing your deduction from your offset." Australian Tax Forum: a journal of taxation policy, law and reform. 31 (2), pp. 321-362.
The importance of understanding student learning styles in accounting degree programs
Cameron, Robyn, Clark, Pat, de Zwaan, Laura, English, Diane, Lamminmaki, Dawne, O'Leary, Conor, Rae, Kirsten and Sands, John. 2015. "The importance of understanding student learning styles in accounting degree programs." Australian Accounting Review. 25 (3), pp. 218-231. https://doi.org/10.1111/auar.12065
Taxation and superannuation literacy in Australia: what do people know (or think they know)?
Chardon, Toni. 2014. "Taxation and superannuation literacy in Australia: what do people know (or think they know)?" JASSA. 2014 (1), pp. 42-48.
Legal educators' perceptions of lifelong learning: conceptualisation and practice
Hammer, Sara Jeanne, Chardon, Toni, Collins, Pauline and Hart, Caroline. 2012. "Legal educators' perceptions of lifelong learning: conceptualisation and practice." International Journal of Lifelong Education. 31 (2), pp. 187-201. https://doi.org/10.1080/02601370.2012.663803
Criterion referenced assessment as a form of feedback: student and staff perceptions in the initial stages of a new law degree
Chardon, Toni, Collins, Pauline, Hammer, Sara and Hart, Caroline. 2011. "Criterion referenced assessment as a form of feedback: student and staff perceptions in the initial stages of a new law degree." International Journal of Pedagogies and Learning. 6 (3), pp. 232-242. https://doi.org/10.5172/ijpl.2011.6.3.232
Academics and assessment: the forgotten meat in the sandwich in the current higher education environment?
Collins, Pauline, Brackin, Toni and Hart, Caroline Lydia. 2010. "Academics and assessment: the forgotten meat in the sandwich in the current higher education environment?" Harris, Bruce (ed.) 65th Conference of the Australasian Law Teachers' Association (ALTA 2010): Power, Regulation and Responsibility: Lawyers in Times of Transition. Auckland, New Zealand 04 - 07 Jul 2010 Sydney, Australia.
The real deal: using authentic assessment to promote student engagement in the first and second years of a regional law program
Hart, Caroline, Hammer, Sara, Collins, Pauline and Chardon, Toni. 2011. "The real deal: using authentic assessment to promote student engagement in the first and second years of a regional law program." Legal Education Review. 21 (1), pp. 97-121.
Weathering the storm: tax as a component of financial capability
Chardon, Toni. 2011. "Weathering the storm: tax as a component of financial capability ." Australasian Accounting Business and Finance Journal. 5 (2), pp. 53-68.
Rocky rhetoric and hard reality: the academic's dilemma surrounding assessment
Collins, Pauline, Brackin, Toni and Hart, Caroline. 2010. "Rocky rhetoric and hard reality: the academic's dilemma surrounding assessment." Legal Education Review. 20 (1-2), pp. 129-164.
Tax havens and the Australian tax system - are we 'match fit'?
Brackin, Toni. 2006. "Tax havens and the Australian tax system - are we 'match fit'?" 2006 Australasian Tax Teachers Association Conference. Melbourne, Australia 30 Jan - 01 Feb 2006 Melbourne, Australia.
Overcoming tax complexity through tax literacy – an analysis of financial literary research in the context of the taxation system
Brackin, Toni. 2007. "Overcoming tax complexity through tax literacy – an analysis of financial literary research in the context of the taxation system." 2007 Australasian Taxation Teachers Association Conference. Brisbane, Australia 22 - 24 Jan 2007
Aligning Assessment with Learning and Teaching
Frankland, Steve, Moody, Janis, Cowdry, Rob, Williams, Anthony, Muldoon, Nona and Lee, Chrisann. 2007. "Aligning Assessment with Learning and Teaching." Frankland, Steve (ed.) Enhancing Teaching and Learning through Assessment: Deriving an Appropriate Model. Springer. pp. 63-108