50% - Examination Personal Taxation (3 hours plus 10 minutes reading time)

50% - Examination Business Taxation (3 hours plus 10 minutes reading time)

(Three hours is required to meet Professional Body accreditation requirements).

This module introduces students to one country¿s taxation system. Students will be introduced to the legal framework, underlying principles, the administration bodies, the historic bases of taxation and the basic economics of taxation.

Taxation knowledge will then be developed in the areas of Personal and Business Taxation. Students will be able to produce taxation computations for individuals, sole traders and limited companies including Income Tax, Inheritance Tax, Chargeable Gains and Capital Gains Tax, Corporation Tax, VAT and National Insurance or equivalents.

Students will also be able to identify tax planning opportunities and understand the requirements for compliance with tax legislation.

When studied as part of the BA (Hons) Accounting and Finance, BA (Hons) Accounting and Business, Two Year BA (Hons) Accounting and Finance, the successful completion of this module may lead to an exemption from a professional accountancy qualification - for up to date information on accreditation and exemptions please contact the Award Leader

1. UNDERSTAND THE ROLE, STRUCTURE AND GENERAL PRINCIPLES OF A COUNTRY'S TAXATION SYSTEM
Knowledge & Understanding
Learning

2. EXPLAIN THE TAXATION AND COMPLIANCE OBLIGATIONS OF INDIVIDUALS AND BUSINESSES/COMPANIES
Communication
Enquiry
Knowledge & Understanding
Learning
Reflection

3. CONSTRUCT PERSONAL AND BUSINESS TAXATION COMPUTATIONS FOR INDIVIDUALS AND BUSINESSES (UNINCORPORATED AND INCORPORATED).
Application
Knowledge & Understanding
Learning

The learning strategy for the module requires students to commit 350 learning hours (including assessment) of which there will be 72 hours of tutor led learning and 228 hours of independent and self directed study.

The number of study hours for this module is 350 hours in order to meet the Professional Body accreditation requirements.

Students will engage with:
- A mix of lectures/tutorials/large and small group activities, plus self-directed learning. Learning support material will be provided for independent/self-directed learning
- Participation in group activities, including presentations
- Directed reading
- Their own (contemporary) research
- Formative assessment e.g. online tests

Module study guide
The University Library and Learning Resources - books and academic journals
The module VLE
Electronic data bases
Learning support materials
Internet

Melville A, Taxation: Finance Act, FT Prentice Hall (Latest Edition)
Lymer A, Oats L and Hancock D, Taxation: Policy and Practice, Fiscal Publications(Latest Edition)
Or equivalent

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY