Indicative Content
Topics will be drawn from

- The UK Tax System
- The function and purpose of taxation in the economy;
- Different types of taxes;
- The Obligations of taxpayers and their Agents
- Role of Tax practitioner
- The scope of income tax
- Computation of taxable income and income tax liability
- Scope of corporation tax
- Principles of computing corporation tax liabilities for companies
- Principles of computing gains and losses;
- Gains and losses on the disposal of various types of asset: tangible or intangible, fixed or moveable;

The learning strategy for the module requires students to commit 300 learning hours, of this there will be 90 hours of class support and 210 hours of independent and self directed study.

Lectures/ Workshops/ Presentations /Tutorial
Student managed learning/ directed learning

You will need access to these resources:

The VLE (NETED)
The Internet
Word Processing software for use in the coursework
Spreadsheet software like EXCEL/SPSS
Printed and electronic journals.

Saunders, M Roy, International Tax Systems and Planning Techniques (Sweet & Maxwell, 2000)
Kessler, J, Taxation of Foreign Domiciliaries 9th Edition (Key Haven Publications Plc, 2010)
Das, S., Credit Derivatives and Credit Linked Notes, Wiley
Graham, John (2003), Taxes and Corporate Finance: A review, Review of Financial Studies 16, 1075-1129.
Devereux, M.P. and C. Fuest (2009), Is the corporation tax an effective automatic stabiliser?

Examination (Learning Outcome 1,2,3,4 and 5)

To pass this module student must obtain 50% marks.