Examination 1.5 hrs - 100% (Tests All Learning Outcomes)

This module aims to introduce students to the UK taxation system. Students will be introduced to the legal framework, the administration bodies, the historic bases of taxation and the basic economics of taxation. Direct taxation knowledge will then be developed in a number of key taxation schedules with students then building these into comprehensive income computation. The taxation of capital gains will be introduced with students being able to produce capital gains tax computation for transactions and individuals for the year. Indirect taxation will be defined in relation to the main rules concerning VAT.

National Insurance (NI) will be introduced to students. The levels and uses of NI will be explained. Students will be expected to perform basic NI computations.

Inland Revenue Publications
The University Library and learning resources
Legal databases
E-mail
Internet
Electronic data such as EBSCO
The module website

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

Lymer A, Oats L and Hancock D (2010) Taxation: Policy and Practice.
Melville A (2010) Taxation: Finance Act.

The learning strategy for this module is based around students committing a total of 150 hours of activities towards achieving the learning outcomes. These will be split between 39 hours of direct contact with a tutor and 111 hours of directed, guided and self-study, together with preparation for and completion of the assessment tasks. Learning support material will be provided for the module.
The module will draw upon a mixture of activities including lectures, web-based activities, case study analysis, relevant videos and in-class discussions, individual and group problem solving and self-directed learning.