Taxation Theory and Practice
MODULE CODE
CREDIT VALUE
DELIVERY
Module Aims
Aim 1
This module aims to enable students to develop competence in the technical and computational issues relating to taxation but will also consider the social and economic factors and explore personal, professional and commercial ethics relating to taxation.
Module Content
Objectives of taxation, types of tax and ethics
Administration of taxation
Income tax and national insurance contributions
Capital gains tax and chargeable gains for companies
Corporation tax
Value added tax
Basics of Inheritance tax
The “Professional Code of Conduct in Relation to Taxation”
Obligations under the UK’s anti-money laundering (AML) regime
The main philosophical approaches to the ethics of tax avoidance and tax evasion
Learning Outcomes
On successful completion of this module, a student will be able to:
Teaching Methods
This module will be delivered by way of weekly workshops. The technical content of the module will be delivered, with students then able to apply their knowledge to and work through practice questions.
The style of learning will allow students to become familiar with the type of materials and learning delivery that they will be expected to use as they prepare for the professional examinations after graduation.
The teaching strategy supports this in discussion of assumptions and raising questions of applicability and validity. Group sessions not only develop technical problem-solving skills (in areas that are new to the students) but also encourage students to develop their critical skills.
Assessments may contain problem-solving questions, commentaries on problem-solving situations or discussion essays that demand a critical appraisal of a technique or its application. A choice of questions will normally be given.
Students will draw on and enhance graduate attributes of planning, communication, literacy and analysis and develop confidence and expand their intellectual ability through constructing argument and exploring perspectives. This will aid employability with the accounting profession and careers in general business management. Against this background, the assessment criterion is designed to meet the professional exemption criteria.
Formative feedback on seminar and practice questions is provided to students on a weekly basis, with additional support available in the timetabled Technical Support Workshops.
Assessment Methods
This module is assessed through a Written examinations (75% and 25%)
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Compulsory
